- Get Working Capital Working For Your Business
- Buy Stock - Drawdown on Invoices - Borrow Short Term - All In One Place
This new Global Facility facilitates each stage of the working capital cycle. You can pay your suppliers from the Trade Finance Facility, draw-down money against the invoices you are owed and take short term unsecured loans out to pay bills or buy new equipment, all under the one limit.
Here is an explanation of each of the facilities:
- Trade Finance – domestic and international supplier payments can be made with a 6-month repayment program. You can now pay suppliers upfront to gain discounts, whilst still having enough time to convert to sales and collect cash.
- Debtor Finance – options are available to finance individual invoices or all invoices at up to 80% of the invoice value with 90 days allowed for collection. Unlike other Debtor Finance options, this facility does not require lock-in contracts or minimum monthly service fees.
- Small Business Loan /Line of Credit – you may need short term loans to pay tax, sales and marketing expenses, or other non-supplier related working capital expenses.
These kinds of events regularly occur in businesses and at the time, an injection of $10,000 or even $50,000 is enough to push the business through, in a very tough period.
The Global Facility Limit is an evergreen facility. There are no charges if the limit is unused.
Retail Business? We’ve Got Your Back.
Businesses that receive cash upfront for their sales are often left out of the working capital loan space.
If you are a retail business, you can now take advances against future credit card sales.
This product allows clients to apply for working capital now and pay the debt down as a percentage of their credit card sales. Payment percentages are agreed with you at the time of the advance.
If you are a retailer and want to match your purchasing against future sales, this is a great way to finance your day-to-day operations.
- Skyrocket Your Sales By Providing a 6-month Instalment Plan To Customers
If you currently sell Business 2 Business, you may encounter the upfront price as an objection.
This new product allows you to offer customers a 6-month instalment plan on all sales up to $15,000 per customer. The provision of this plan is disclosed to the customer and the approval process can be completed quickly with 100% funds advanced to you within 24 hours.
Instead of offering your products for sale at one price of say $2,500, why not offer customers a 6-month repayment program? The total repayments can be calculated quickly and easily online while you are talking with the customer.
This facility is available for sales to business clients only.
Here are some examples:
- A retailer to business clients
- A manufacturer of the equipment or other goods where the client needs to replace existing assets unexpectedly
- Regular machine or equipment servicing jobs that become more expensive due to unexpected replacement items
Quoting is always easier when you deliver a monthly amount first, for example:
“Our price is $540 a month for 6 months, or $3,200 right now”
Remember that cash flow is important to businesses and stretching out payments might mean they make more sales themselves with your product during the time it takes to pay back the price over six months
What if I Sell To Consumers?
If you’re a tradie or home improvement business, this is for you
This is the only B2C product available to help your company make more sales where price and total payment on completion is the objection.
For smaller building and trade jobs, you can now offer a 6-month repayment program on the total amount of the invoice. This no-interest product allows your customers to have work completed for up to $15,000 and then pay down the amount owing with you receiving up to 100% of the amount upfront.
This online-based quoting system increases sales and takes away the ”I can’t afford it right now” objection.
Examples:
- Called in to quote on a job that becomes larger than expected by the customer
- Emergency repairs that won’t be covered by insurance
If you encounter regular situations where the sale does not proceed, or customers want to ‘’hold off until I can afford it’’ this is a great solution.
The process for client approval is quick and easy and you can quote the monthly payments on the spot.
Get started with either of these great finance products in a few minutes and by answering these
This Months Offer
Does Your Business Need a Quick Cash Injection?
- Loans Up to $250,000
- Money deposited in 24 hrs
- No property security required
- No credit checks prior to acceptance
- No Financials Up to $100,000