DEBTOR FINANCE / FACTORING
What types of businesses can use cash flow finance?
Essentially fast growing businesses but more specifically businesses such as Wholesalers, Manufactures, Employment agencies, Transport companies, Building industry etc
· How do I Qualify
If you issue invoices regularly for goods or services provided to other businesses and you turnover is between $20,000 pm and $500,000 pm (in receivables) you can qualify.
· What If We Are Just Starting Up?
That is not a problem, by this stage you would have done your homework and have your prospective clients lined up and we can help with that question "how do I pay my bills while I am waiting for my clients to pay?"
· Do I need Security?
You don't need bricks and mortar security, our security is your quality receivables, as they grow, so too does your facility.
· How do I Apply?
You can make an application now through our "apply now" link, or call us direct, we will be happy to arrange to meet with you.
· What Will Change in the Way I Do Business?
Your business becomes much like a "cash" business, giving you cash to take advantage of discounts from your suppliers and cash to inject back into the growth of your business
· Who sets the limit on how much?
You set your limit, however it will be governed by your receivables, the more invoices you want factored the larger your limit, your business can now grow at its own pace, not restricted by your banks lending guidelines.
· Are all invoices acceptable?
All verifiable invoices are acceptable