Showing posts with label factoring companies. Show all posts
Showing posts with label factoring companies. Show all posts

Wednesday, 28 January 2015

Financial Resolution Plan

Financial-Resolution-Plan-Part-1
Financial-Resolution-Plan-Part-2
Please do not hesitate to contact us on the following contact details:
TDFC Contact Details:
Ph: 1300 00 8332
Email:sales@tdfc.com.au
Website: tradedebtorfinance.com.au

Sunday, 6 July 2014

Factoring - Does It Help With Collections?

The simple answer is “yes”, Factoring does affect your collections. However, most Factoring lenders are hoping that your debtors don’t pay their invoices on time, so they can make money charging you additional fees.
With nearly 45 Factoring lenders in the industry, each has a different collection strategy. This will depend on your size, your exposure, and of course the type of facility you have. If you have a facility where there is a daily interest added to your fee, then it would be reasonable to assume, the level of collection would be lower than a firm with a set fee.
Bank products often do no collections as they are a confidential product, allowing the client to maintain all those procedures as the bank has access to the trading account to monitor. Smaller lenders don’t have that luxury and whether it’s disclosed or not, the client has to maintain constant checks to ensure that their accounts are up to date and they’re not incurring added interest or late fees.
For more information in regards to the different facilities, please call our office on:
Ph: 1300 00 8332
Email:sales@tdfc.com.au
Website: tradedebtorfinance.com.au

Sunday, 29 June 2014

Transport – Factoring. I trusted Only One Firm With Factoring Consultancy

I own my own business that transports goods all over the state. Those in the game, know it’s a long haul, but this business is my passion and pride. To see it grow and become successful is why I started in the first place.
I have worked incredibly hard over time to manage my finances and keep my business going, but I found my inputs and outputs were just going in all the wrong directions!
I found it hard to even continue making deliveries as I couldn’t afford to keep my trucks in good condition. The tyres, fuel, registration and paying off the trucks started to have its toll on my work. I was waiting weeks until I would be paid and when I finally would receive the money, I had trucks that hadn’t made any deliveries or even moved for that matter. I couldn’t cover the cost of the deliveries so I would have to make my money stretch until I could receive work and get paid again.
I started to lose motivation as I slowly watched my business go under without a chance to see the success I had worked all this time for.
I started searching for options and I came across Invoice Discounting, there were many Lenders to choose from, but I was too small, not enough staff, it really didn’t suit my business. I continued searching, but between running my own business and transporting goods I had no time to keep assessing each lending facility.
One day on site, word of mouth, I was pointed towards TDFC, and I read on their website how they could help. For the price of a call,  why not call them to see how they could help me through this tough situation.
 It was great! I spoke to a qualified consultant that gave me FREE advice on how Factoring can eliminate my cash flow stress, help my businesses growth and pay all my expenses on time.
I found Trade Debtor Finance Consultants useful because I didn’t have to assess lenders and play guessing games on what suited my business. TDFC knew every product and exactly what suited my business and they continuously gave me support whenever I needed it. They have helped me slowly get on top of my business and now there is no more waiting around to be paid. I receive payments within hours not days! My trucks are now all serviced and always making deliveries so my business is always making an income. Yes it comes at a cost, but trucks not moving cost a lot more.
As most would know Transport is never a get rich quick scheme. Listen to the TDFC team, they monitor my accounts for free, give me tips to save money and best of all, service like it was their own business.
I finish with, I go where the work does, I may never be a millionaire, but I will give it my best shot to makes some serious money. Which I have no problems in saying, Factoring will get me there, if I make this succeed. I have asked for my company name to be withheld for obvious reasons, but would be glad to give Trade Debtor Finance Consultants a reference should any person require.
TDFC has the solution! For more information about how we can help you improve your business cash flow call us today!
Ph: 1300 00 8332
Email:sales@tdfc.com.au
Website: http://www.tradedebtorfinance.com.au/