Why Would You Use A Debtor Finance Facility Over Traditional Lending?

Why Would You Use A Debtor Finance Facility Over Traditional Lending?

Why Would You Use A Debtor Finance Facility Over Traditional Lending? Why Would You Use A Debtor Finance Facility Over Traditional Lending? http://ift.tt/1iKe2vA Debtor finance facility - Factoring has been around for a long time. People often tell myself, that the reason they are coming to Factoring -- Invoice Discounting is because the banks won't lend them any monies. Why is that? I ask. They proceed to tell me a number of reasons: 1. I have no assets 2. I have no trading history 3. I have credit problems 4. My business is too small. With these answers in mind, from a bank point of view, why would they take a risk? They were never interested in young businesses, they want large well established ones. Banks really don't micromanage well and often causes smaller businesses, heart aches and pain. Which brings me back to my question. Debtor Finance Facility, Factoring, Invoice Discounting products are all funded against invoices. The security in the whole loan is primarily the debtors and their strength. Lenders keep exposures and limits in check, helping avoid any situations which will leave you, the client, vulnerable. Factoring, Debtor Finance firms will do checks on Debtors, maintain alerts to try and avoid any bad debt decisions. Most Factoring firms only care about the invoice Finance, and let owners get on with business lending. Lastly Debtor Finance lenders try to assist you in the growth of the business. It's in their interest for you to grow, so they make more money. The most important things owners should ask are: 1. What will I do with the funding once I get up to 80% of the invoices in 24-48 hours? 2. Do I want to be in a contract or not? 3. How long do I want to be in a product for? 4. What is my long term solution once I get to my growth phase? 5. How do I get out when the time comes? Trade Debtor Finance Consultants ( TDFC ) offers a written obligation free quote which puts you in touch with up to 4 appropriate lenders for you to choose from. TDFC also offers support for the life of the loan, offering help and or feedback on the do's and don't's. TDFC has a large range of references now for your firm to choose form. So if you would like to get it first hand, with up to 22 lenders and 9 different products to choose from, contact Trade Debtor Finance Consultants today and help a Small Family owned Business today. A debtor finance facility may just be what your looking for to maintain your cash flow at a reasonable state. CONTACT TDFC Today! Phone: 1300 00 8332 Fax: 07 5547 8731 Email accounts@tdfc.com.au http://ift.tt/1nHcH0m tradedebtorfinance

Why Factoring, Debtor Finance, Or Invoice Discounting?

Factoring, Debtor Finance, Invoice discounting, which product suits my business? Can I afford it? Will they harass my debtors? Will my debtors think I am going broke? What happens if someone doesn’t pay? Will they fund just one debtor? Will they need property?

Why guess with this decision making when you have a firm who doesn’t have any direct up fronts and will offer you up to 4 options at a time to choose from, and will offer a life time support with the lender chosen, again at no direct cost to your firm?

Factoring, Debtor Finance, Invoice Discounting offer business owners the chance to sell their invoices and get access to up to 90% of their value so they can grow their business. Once the debtor pays his account, the lender releases the final 10% less any fees incurred. It is a very simple product.

Trade Debtor Finance Consultants offers an obligation free quote with up to 4 lender to choose from. We also offer support for the life of the loan

Don’t get caught by brokers, who slug you upfront and disappear when it all goes bad. For more information please email us at sales@tdfc.com.au or go to our website tradedebtorfinance.com.au.

CONTACT TDFC Today!

Phone: 1300 00 8332
Fax: 07 5547 8731

Email sales@tdfc.com.au

Why Would You Use A Debtor Finance Facility Over Traditional Lending?

Debtor Finance has been around for a long time. People are coming to Debtor Finance because the banks won’t lend them any monies, for a number of reasons:

1. I have no assets
2. I have no trading history
3. I have credit problems
4. My business is too small.

Banks were never interested in young businesses, they want large well established ones. Banks really don’t micromanage well and often causes smaller businesses, heartaches and pain.

Debtor Finance is funded against invoices. The security in the whole loan is primarily the debtors and their strength. Lenders keep exposures and limits in check, helping avoid any situations which will leave you, the client, vulnerable.

The most important things owners should ask are:

1. What will I do with the funding once I get up to 80% of the invoices in 24-48 hours?
2. Do I want to be in a contract or not?
3. How long do I want to be in a product for?
4. What is my long term solution once I get to my growth phase?
5. How do I get out when the time comes?

CONTACT TDFC Today!

Phone: 1300 00 8332
Fax: 07 5547 8731

Email accounts@tdfc.com.au

Accountants In Australia Are Rallying In Support Of Factoring/Debtor Finance With TDFC

Debtor Finance, Factoring, Invoice Discounting has often been misinterpreted and misused. These finance products were never designed to send a business owner broke. However, if misused as they have been in the last 20 years, often the costs of these products has been taken off the profit line, eating away at any chance of the business succeeding.

We offer all our recommendations in writing. We involve your Accountant fully and we liaise with the Book keeper insuring they understand the process. Basically Trade Debtor Finance Consultants takes the guess work out of Factoring, making Debtor Finance a simple decision.

Ask your Accountant today about these cashflow products, get him or her to speak to us if they are not already and see if we can find a solution for you today at no cost to your firm.

To find out more please contact our office on 1300 00 8332 or email sales@tdfc.com.au for that obligation free quote.

Which Debtor Finance Lender Suits Your Business Or Do You Need A New One?

There are many reasons why businesses are unhappy with their existing lender; whether it’d be because of the lack of service, just too hard to understand, the client manager keeps changing, or they simply don’t keep up with changes in direction and growth of your business.

These are just some of the reasons stated by clients. Debtor Finance lenders offer a range of products. Often the one offered to you was the one you asked for. It may have not always be the best one for you and your business.

Debtor finance lenders have bills to pay also, so they will try and get you what you want, but in the end, they also will have costing and securities that suit their needs.

Trade Debtor Finance Consultants offers all this information at no direct cost to your firm, as well as support for the life of the loan, again at no cost. It is our goal to change the stigma around this finance product.

Yes it is more expensive than traditional lending, but it is the least secured, it grows with your firm, also giving your backend procedures strength. This is with work completed, and the collections of invoices. Most lenders have file notes, as well as your own firm. So with this in mind, it will help keep bad debts to a minimum.

If you’re in a product and you would like a fine tune, or perhaps it wasn’t explained to you fully. Please give us a call, we would be glad to try and assist where we can.

To find out more please contact our office on 1300 00 8332 or visit our website tradedebtorfinance.com.au/services/receivables-finance.html or email us sales@tdfc.com.au for that obligation free quote.

Accountants In Australia Are Rallying In Support Of Factoring - Debtor Finance With TDFC

Accountants In Australia Are Rallying In Support Of Factoring - Debtor Finance With TDFC Accountants In Australia Are Rallying In Support Of Factoring - Debtor Finance With TDFC http://ift.tt/QXiTTC TDFC Homepage: http://ift.tt/KJdf4l Debtor Finance, Factoring, Invoice Discounting has often been misinterpreted and misused. These finance products were never designed to send a business owner broke. However, if misused as they have been in the last 20 years, often the costs of these products has been taken off the profit line, eating away at any chance of the business succeeding. It's taken time, repeat clients, and long term clients referring fellow clients, that Accountants are now seeing what Trade Debtor Finance Consultants offer is genuine. Not only do we explain Factoring and all its benefits, but we explain products, lenders, contracts and even fit the client to the correct options. Our recommendations to a client is up to four Factorting options. Trade Debtor Finance Consultants can find facilities for clients invoicing $10k a month, all the way up to $5 million a month. We offer all our recommendations in writing. We involve your Accountant fully and we liaise with the Book keeper insuring they understand the process. Basically Trade Debtor Finance Consultants takes the guess work out of Factoring, making Debtor Finance a simple decision. Ask your Accountant today about these cashflow products, get him or her to speak to us if they are not already and see if we can find a solution for you today at no cost to your firm. CONTACT TDFC Phone: 1300 00 8332 Fax: 07 5547 8731 PO Box 300, Waterford West QLD 4133 SERVICES PROVIDED AT TDFC: Factoring Debtor Finance Invoice Discounting Cashflow Finance Cash Flow Finance Full Service Factoring Finance for Small Business Partnership Factoring Finance Single Invoice Factoring Finance Confidential Factoring / Discounting Finance for Construction Companies Invoice Finance Trade Debtor Finance for Importers/ Exporters 10 Key points to ask about Factoring Finance, Invoice Discounting, or Debtor Finance Import/Export Finance Invoice Discounting / Factoring Finance for Brokers Brokers Planners Advertisers supported by TDFC Trade Finance http://ift.tt/1fKboLC tradedebtorfinance