Reading a book about small business and there was an interesting section about this small business located in Sydney. In his experience with cash flow he writes about how it is important to be aware of your expenses in business. For example he shares his story on how he had more people owing him than what he was getting paid and he didn’t want to chase for his money. He had a pile of $200,00 worth of outstanding invoices. Later he went to the bank and took out a loan to pay his staff but the problem wasn’t solved. Peoples jobs and his business are on the line.
Businesses find cash flow solutions
The Arrow solution is like a bow and arrow together; the arrow gets stretched back. Until it is aimed at the target. Only then can it be let go. Being propelled to reach its target faster then what it would of with out the bow.
Debtor finance can be what will put your business cash flow back in shape. When you are being stretched to your limit its important have a cash flow solution. Trade Debtor Finance Consultants wants to see you and your business fly towards your goals and achieving your dreams for it.
Take the guess work out of finding your best cash flow solution and talk to a consultant today.
You have a business and your debtors take 30-60 days to be paid. Its not unusual as all the figures in collections show an average of 55 days. This cash is yours, but you don’t get it until your clients pay. Your cash flow is on hold as these clients are using your firm as a bank.
How can you grow your business with little money or cash flow to get those new clients?
Simple Invoice Financing. Finance those un paid debtors and get up to 80% of the funds within 24-48 hours of the invoice being verified. You get the final 20% once the debtor pays the lender less fees. This cashflow injection will assist in wages, purchasing of stock, ascertaining new equipment etc.. Ascertaining this money now, is something you cant do waiting for 30-60 days.
Trade Debtor Finance Consultants (TDFC)is your first step to finding the perfect solution that will suit your business needs. TDFC understands that each business is different requiring advice and support appropriate to the targets set for the business. Our consultants take the time to understand what it is you’re aiming to achieve for your business. We listen to what’s important to you; if you want to grow your business, pay creditors on time, or even both!
Trade Debtor Finance Consultants is the perfect place when seeking to turn unpaid invoices into cash. The friendly team offer you Free consultations over the phone (1300 00 8332). You can call, organise a time to personally meet and discuss everything that is confusing to you.
Many call seeking advice but are not sure of the cost, advantages and disadvantage of debtor finance or what debtor finance is. A consultant can simply explain it to you with no costs to you or your business. We can answer all your questions and personalise everything you need to know to your business.
Lenders in the Factoring and Debtor Finance sectors have been merging or taking each other over. What does that mean for consumers? Easy it means getting cheaper facilities as there is a better buying power with the banks. Continue reading →
There is no better time to inquire about Factoring and how it can help your business grow. Therefore you have nothing to lose and everything to gain. It can start with a phone call for a chat, and end with an understanding of how products may work with your business. Continue reading →
Businesses have been using Trade Debtor Finance Consultants for years. As a result they are finding cash flow solutions that is suited to your needs. We take great pride in providing you with all the information you would need to know. Consequently before you sign any paper your well informed. Our consultants care about seeing your business reach its potential and become all you want it to be. Don’t wait until your finances look scary!
Debtor finance solutions helping us through tough times!
Debtor Finance can be also be known as Factoring, Invoice Finance, and Invoice discounting. No matter what name they use. Its getting an advance on outstanding debtors. As a result many business owners can avoid cash flow issues in Growth. Continue reading →
Often businesses become squeezed between paying bills or purchasing more stock. Your suppliers sometimes force to arrange cash upfront deal off debt to complete orders.
Factoring can Fix over due bills.
Does your business have plenty of outstanding invoices on terms? Most clients that contact our office often explain that if their clients paid on time or faster, then there would be not issues with growth. So the conclusion is you demand of your clients immediate payments. Explain that without faster payments orders will be harder to full fill. This often comes with resistance as your clients often state the same issues.
Factoring Invoices can assist.
Have a debtor ledger of 10 thousand dollars of invoices outstanding and not to be paid for 14-60 days. Immediately you have to find other forms of credit to purchase more stock, cover bills, and or pay wages. If you have good margin in your product, this is dwindled away quickly the longer the debt is outstanding. This is because business owners have to use other forms o credit to survive.
So why not use factoring. Your costs are off your ledger. Factoring companies fund a percentage of the invoice within 23-48 hours of verification its completed. The balance of the invoice is returned to your bank once the clients pays the factoring lender for the invoice. Its just that simple. More invoices you provide to the lender, less risk, and the less you get charged in fees.
Factoring lenders can be a safety net. They conduct credit searches on all your clients. Lenders in Factoring can also help assist in setting credit limits form the clients credit score. Most lenders offering a factoring facility offer great customer service.
Trade Debtor Finance Consultants offer in one call the complete explanation of the factoring products and lenders. Trade Debtor Finance Consultants also offer their findings in an obligation free quote. To find out more please contact our office 0460 448 955 or email firstname.lastname@example.org
This question is commonly asked when small business is inquiring about funding of invoices. Often business owners are stretched and cash flow is poor. They have used up their money assets as banks have a secure hold on them.
This type of finance has been around for a very long time. This lending product has been offered by nearly 65 private lenders to Small and medium business successfully for the last 50 years. Factoring is also commonly known as Debtor Finance, and some firms use Invoice Discounting as well. The GFC has forced business to look at options beyond the basic banks. Continue reading →
Trade Debtor Finance does more than Factoring Consultancy!
For over 10 years our family owned business has dealt with the explanation of Factoring, Debtor Finance, and Invoice Discounting. Trade Debtor Finance Consultants has had consultants help every form of business achieve knowledge about this product to see if its worth doing or not. As a business, our aim is to help owners understand the fundamentals of these Factoring products. Continue reading →