Debtor Finance has been a finance facility well used by small to medium business. 50 lenders Australia wide, with a range of different products to choose from. Debtor Finance is lending up to 80% of the outstanding invoices in your debtor book, giving you access to Cashflow you would be otherwise waiting for. The remainder of your invoice is paid to you or offset to you, once your client pays for his service.
These type of finance lenders are not collection companies, nor are they firms to help you run your business. The less work they have to do in Factoring your invoices, the better. Some Debtor Finance lenders verify every invoice, others a percentage of your book. Its important to understand, that their risk is in your debtors and invoices. Checking Invoices, called Verification, is very important to lenders processes before funding.
Not Collection Company
Invoice lenders can be called other names, for example Factoring, Invoice Discounting, Line of Credit Factoring, etc.. New business owners find it confusing to here from different lenders different products and pricing.
Trade Debtor Finance Consultants Pty Ltd (TDFC) was created to help business owners with new Debtor Finance products. TDFC is here to help find the Factoring product to suit YOUR needs. TDFC discusses rates, ways to use the factoring product to benefit your firm, and explains all the negatives of a facility.
Finance Invoices with 48 hours of Verification
TDFC also has Trade Finance, Single Invoice Factoring, Line of Credit funding, and boost clients in a wide range of industries. Click here to see industries that use factoring.
For more information please click here to contact TDFC. Trade Debtor Finance Consultants