Sometimes called Invoice Finance, Debtor Finance or Accounts Receivable Finance, this is like a cash advance based on the sales you’ve already made to your customers, without having to wait for the traditional 30, 60 or even 90 day payment periods.
In simple terms, a lender considers the invoices or monies you have owing as an asset. They’ll lend you a percentage of the money that’s owed to you, then pay you the remaining balance once they’ve collected the invoice, less a small percentage.
This type of financing is a relatively quick and flexible way for your business to maintain cash flow, and can have many benefits when compared to other bank loans or lines of credit.
Invoice Finance, also known as Debtor Finance or Accounts Receivable Finance, allows you to access funds tied up in unpaid invoices, eliminating the wait for traditional payment periods.
Book An Appointment
help@landfb.com.au
1300 270 040
Suite 5, Level 1, 1321 Hay Street
West Perth, WA 6005