Thursday, 31 July 2014

Why Would The Transport Sector Need Debtor Finance?

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THE TRANSPORT INDUSTRY IS A GROWING SECTOR THAT CONTRIBUTES HIGHLY TO THE ECONOMY. WHETHER YOU ARE IN EARTHMOVING, FREIGHT TRANSPORT, WASTE REMOVING, AND LOGISTICS OR JUST OWN HEAVY VEHICLES FOR MULTIPURPOSE TDFC CAN HELP YOU AND YOUR BUSINESS.

WHY WOULD THE TRANSPORT SECTOR NEED DEBTOR FINANCE?

  • Transport businesses need to pay for their trucks fuel, need to pay wages, and debtors can pay anywhere from 30 days plus. Factoring lenders have been offering 3-5% a month product to accommodate these 1-2 truck owners. Often if not used correctly the profits of the owners is eaten away and they are one break down away from disaster.
 
  • Recently in the 2014 Federal Budget the liberal government is reintroducing the biannual indexation of fuel excise which the money however will be spent on improving roads around the country. This means fuel prices will increase! Cashflow can become tight so don’t wait for your business to sink before you do something
To find out more contact TDFC today!
Ph: 1300 00 8332
Email:sales@tdfc.com.au
Website: tradedebtorfinance.com.au

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