You have a business and your clients on average take between
30 to 60 days to pay or even more. This is a very common scenario as all the
figures in collections show an average of 55 days. This cash is rightfully yours,
as you have already provided the service or supplied the goods, but you don’t
get it until your clients pay.
Your cash flow is on hold while these clients use your business
as a bank. How can you grow your business with little money or cash flow to get
those new clients?
Simple, Invoice Financing. Finance those unpaid debtors and
get up to 80% of the funds within 24 to 48 hours of the invoice being verified.
You get the final 20% once the debtor pays the lender less fees.
This cash flow injection will assist in wages, purchasing of
stock, ascertaining new equipment etc, etc… Getting access to this money now is
imperative for the growth of your business and it’s something you can’t be
waiting for 30 to 60 days.
This facility obviously comes at a cost. However, these
costs are off your bottom line. So it’s important to have a strategy in place
to use those funds to grow your business. If you double your size, then the
costs are not as important anymore.
Trade Debtor Finance Consultants has been providing small to
medium businesses all the information they need about Invoice Financing. Our
firm offers all its recommendations in writing and have many references.
To find out more please contact our office on 1300 00 8332 or email
sales@tdfc.com.au for that obligation free quote.
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