TESTIMONIALS
Debtor finance - close the cash-flow gap
Maintaining sufficient cashflow is vital to your business
While some lenders have a 'tick the box' approach to assessing finance applications, we treat each business on its own merits.
We help customers achieve their financial goals by offering flexible solutions.
There are many successful and profitable businesses which face failure due to cash flow problems.
This can occur for a host of reasons:
- Large, monthly cash outflows
- Seasonality in demand for your product/service
- New growth in your business
- Buy-out of partner or family succession
- For most companies their outstanding invoices are by far their greatest asset.
How it works
Debtor Finance offers you an initial payment of up to 90% of the value of your eligible invoices.
What's more, you will most often receive this payment within 24 hours of us processing your invoices. The remaining portion is paid to you when your customers settle their accounts.
The process repeats itself as long as you provide periodic updates of your outstanding invoices.
CLOSE the cash-flow GAP
convert your outstanding invoices into much needed cash
Next steps
To qualify for Debtor Finance, we will need to learn more about your business and your goals.
When assessing an application, we ascertain whether your business is growing, profitable and at a minimum, moving in the right direction.
Your 'business-to-business' invoices must be for goods or services which have already been delivered. Most importantly, we'll evaluate whether your business will benefit from our debtor finance product.
Our guiding principle is that we will only offer a facility if there is a clear benefit to you.
Debtor finance benefits and features
Fast access to cash
Your business can access up to 90% of invoice value within 24 hours, without changing your customer's payment terms
Increased funding
Compared to typical overdraft facilities, a higher level of funding is available with Debtor Finance
Release of personal assets
No automatic requirements for bricks and mortar security, allowing you to regain control of your home or other properties
Control of customer relationship
Confidential facilities allow you to retain full control of your customer relationships, credit management and collections
Additional cost savings
Cash advances allow you to negotiate supplier discounts or eliminate settlement discounts to your customers
Comparable rates and costs
Costs include a discount fee (interest charge) on drawn funds, a service fee to cover ledger administration and an upfront application fee
Broad range of customers
Small to medium businesses operating as registered companies with an annual turnover of $1 - $75 million
Disclosure to customers
Choice of 'Confidential' or 'Disclosed' facilities
Minimum facility size
$100,000
If you are interested in talking to our team of finance professionals specialized in helping business, investors and developers, please email us or simply call 0412 511 380.
