Imagine how much easier life would be if most of your business sales were in cash. Our Debtor Finance product can provide immediate access to cash tied up in the debtors ledger. This product is ideal for more established companies who are experiencing growth or seasonal constraints and want to maximise the amount of cash they can borrow against their business assets.
Debtor Finance allows companies to control their debtors ledger. And total confidentiality is assured as clients or any other third party will not know of our involvement.
Ideal for established businesses who have been trading for more than a year and with a turnover of more than $750,000.00
Our debtor financing products offer
- Up to 80% of the total debtors ledger within 24 hours
- No fixed limit - as sales and debtors grow so does access to cash
- A website with summary information of the sales ledger, current account (including funds available) information and the ability to request drawdowns
- No requirement for early repayment discounts with your clients
- A reduction of any reliance on personal assets being used to support business debt
- Confidentiality. Management of the ledger remains with the client
- Establishment fees and interest charges apply
Our normal lending criteria apply.
The information in this article was current at 02 Dec 2011