When you’re running a small business, not getting paid on time can cause undue stress, and create negative cash flow issues that can be had to reverse and get under control.
If your customer invoices have long lead times, or are paid late (or both!) your business suffers and sales head south.
Cash flow blockages impact your ability to pay your own suppliers, causing conflict and disruption to the supply of materials.
Eventually it can affect your reputation as a reliable and valuable business, even though it has been no fault of your own.
Healthy Working Capital Now Just a Few Clicks Away
An effective way to help with business cash flow is to use debtor finance, sometimes called invoice finance. This type of facility could be described as a line of credit against debtors.
A range of finance companies offer this service, allowing you to draw down 80%, and sometimes up to 90%, of the value of the invoices you issue. You’ll get access to this money within 24 hours.
When your invoice is paid, you receive the other 20% of the cash, less interest, fees and charges.
Debtor finance is used by thousands of companies and businesses across Australia everyday to safeguard their cash flow.
The great news is that we have partnered with some of the best finance partners to help our clients.
If you need working capital, the process is simple.
It’s transparent and all back-office administration is eliminated.
All that’s needed is to connect your company accounts. Shortly after, you’ll receive a no-obligation offer. As soon as you accept the offer you’re ready to go. It’s that easy.
Live invoice data is used to set your credit limit so you can draw funds whenever you need them.
To get started complete the form below and we’ll be in touch soon.