Factoring, Debtor Finance, Invoice Discounting, Invoice Funding is a reliable business finance product!

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Factoring, Debtor Finance, Invoice Discounting, Invoice Funding is a reliable business finance product!

We cant have a money tree, try factoring for cash flow growth with Factoring

All businesses wish they could all have their own money tree. It’s just not that simple.

Debtor Finance, Factoring, Invoice Discounting have all been exploited in the past for all the wrong reasons. Robbing Cash flow to pay behind payments or bad debt experiences has often given businesses and factoring lenders a bad experience . For Example: what happens when the company gets into financial trouble and the costs of the lender add up, or the lender puts their funding on stop for whatever reason. 5/10 businesses in this position say the  factoring lender caused their business to fail.

When it comes to responsibility of bad decisions: Who signed up for the facility, who knew the costs, and who had the previous debt or problem before factoring. The owner did.  Whether the owner was explained the product and its structures fully, we at Trade Debtor Finance Consultants Pty Ltd (TDFC) will never know. Regardless of that, the owner holds all the cards and often an incorrect decision becomes a futile error in this cash flow finance product.

If the Finance facility is operated and maintained properly and is correct for your business,  it works.

TDFC has experienced staff to help you monitor the factoring lender and product to avoid any mishaps. They also have a large network of professionals to assist your business with any scenario. TDFC stand by service and if we don’t know we will use those contacts and endeavor to find a solutions for you, to make the correct decision.

Businesses need cash flow.

Another big statement is: owners say that their cash flow is great, we don’t need to debtor finance.

If you business is in that situation, of course you wouldn’t get a finance product. WRONG. This are the ultimate reasons for Invoice Discounting. Funding your invoices in advance of waiting to be paid, gives you the opportunity to push your business limits. Having the opportunity through Factoring, will give owners the ability to grow faster and strong more rapidly without security. You can place factoring costs in new job quotations . If you have more stock or staff you have the potential of more sales and growth. More growth means more profits and greater buying power.

The main alternative to Invoice Discounting or Factoring is the banks and overdrafts. You can go for that overdraft or line of credit, but in most cases its fixed lending and doesn’t grow when you do. Cheaper yes, but no flexibility can cost you jobs. Also securities of banks, can cost you equipment, and often banks take ownership of your accounts. Anything goes wrong, they put it all on hold. Most businesses are unaware of the security or power a bank has until its too late.

Debtor Finance is often secured by the debtors. It can be disclosed or undisclosed. You can have debtor insurance to help eliminate bad debt. It can be selective, it can be fixed fee, there are so many other versions available.

TDFC explains all the benefits of factoring and Invoice Discounting. TDFC has over 28 lenders and numerous products for you to choose from. With one call TDFC experienced staff members help you find the product and lender to suit your business needs.

For more information please contact TDFC today or visit our website www.tradedebtorfinance.com.au

Big year ahead for Factoring, Debtor Finance

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Big year ahead for Factoring, Debtor Finance

 

Big year ahead for Factoring, Debtor Finance

Most business owners are unsure of the government financial planning. And or the economic environment and their future over the next 12 months. Smaller business owners are finding it very difficult to find cash flow to balance their growth. Continue reading

Debtor finance solutions helping us through tough times!

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Debtor finance solutions helping us through tough times!

Debtor finance solutions helping us through tough times!

Common Fact:

First of all Debtor Finance, Invoice Discounting, or Factoring is the only facility left that doesn’t require security and grows when you grow. Ask Trade Debtor Finance Consultants Pty Ltd (TDFC) what is Debtor Finance Today!!!

Bank loans and overdrafts will always be a better option, if you have security and time to set it up. While this is being completed many Businesses are undergoing a cash flow squeeze, caused by the late payment of invoices. Trade Finance is also a viable options to help ease cash flow.

Continue reading

Need Factoring Finance? Can it be simple?

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Need Factoring Finance? Can it be simple?

Need finance for your business? Struggling to make ends meet? Are you pouring your own resources into your business to keep it alive?

When everything seems hard, Finance can be simple.  You just need to know which questions to ask. Continue reading

Debtor finance and factoring explained for business

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Debtor finance and factoring explained for business

 

Debtor finance and factoring explained for business

What is debtor finance, or factoring? Our firm can easily explain these products for my business! Debtor Finance is a product designed to help business with cash flow only. Its not a debt collection service or a service.  What does that even mean to my business?

Continue reading

Factoring & Debtor Finance explained.

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Factoring & Debtor Finance explained.

Factoring:

Factoring is the oldest form of lending in the world. Clients conduct work or offer a service and with this Factoring finance facility, get paid straight away instead of waiting 30 days or more. Today in the modern world more clients are on line and have email systems running making invoicing nearly paperless. As a result funding is faster and more transparent.

Factoring by explanation means you provide completed invoices into a financier and get paid a percentage of that invoice in 48 hours not 48 days. Also not to be confused with Invoice Discounting.

This is how Debtor Finance works. You submit invoices and the lender verifies the work is complete, delivered etc. Once this has occurred you will be advanced up to 80% of the outstanding invoices into your bank account. Due to increases in your Cashflow, it will gives your company the ability to purchase stock or pay bills ahead of schedule. It may also possibly create discounts and offsetting the finance cost.

Once the invoices are being paid for, your debtor will pay the full amount into the lenders account. The lender receipts the invoice, taking out amount borrowed plus a fee and gives you back your final 20%.

Example:

$1000.00 (Factored) you get $800.00 in 48 hours of verification. Debtor pays $1000.00 to lender and they take out $800.00. You get final $200.00 less lender fee.

Factoring fees.

Most lenders vary slightly in fee setups. However Factoring normally involves a credit department, collection department, and some form of account management.

Due to the level of service offered, business will have to expect a service fee. Upfront fees are charged between 2-4%. This is sometimes called administration, service, or management fee. In addition, the secondary charge is interest. This taken out of the remainder of invoices less the lenders fees.

The amount you draw or borrow times by the number of days outstanding. Depending on the lender and its borrow costs from a bank, determines your interest rate charged.

How does Trade Debtor Finance Consultants help.

Trade Debtor Finance Consultants Pty Ltd (TDFC) consultants are fully aware of lenders rates and fee structures.

Most noteworthy, is that if we don’t know the answers, we find out. Therefore for a full explanation of Factoring give a TDFC consultant a call. In conclusion TDFC stand by our service provided.

Contact Factoring Consultants today www.tradedebtorfinance.com.au  sales@tdfc.com.au

Whats been happening at TDFC?

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TDFC is a family business

It was created to help other businesses find the right products that suit their needs. In the beginning, TDFC was thought to be a silly idea. It now has helped many businesses find the right debtor finance products. We are personal and professional. Over the years our clients have became friends. So in turn, we would like to share whats happening in our world.

The day passed by so quickly. It was overall an amazing day. The weather was perfect and at the same  time the River Fire was in rehearsal. As we traveled to the chapel we had jets flying close to the ground above us. This made the whole experience of traveling to the ceremony less nerve racking and more exciting. I arrived at the chapel and the ceremony was great. The bridal party looked amazing with their purple dresses and cool suits. There was a lot of nerves, few tears, but mostly love. I can say nothing makes you more happy then marrying the love of your life and seeing people really come together to support.

Reception

after photos, and a few hiccups on our return. the reception was were we all decided to dance and enjoy what the day is truly about. The friends and family who pitched in to put up lights, set up tables, play the music, decorate the room, and manage the details made the day what it was. Afterwards there was a visit to hospital to see Nan who recently had a fall and was unable to attend. She was over the moon and very proud.

Back on Track

It was a terrific day and now TDFC is back into all things debtor finance again. If you’re in need of advice and a quote then call TDFC. We are here to support you and your goals for your business to grow. We are a free service to you because we care about providing you with solutions that solve your financial problems.

Is Debtor Finance Right for your Business?

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Trade Debtor Finance Consultants have been helping businesses with their business finance. Rather than more loans, overdrafts or borrowing to survive. TDFC has been offering cash flow solutions. What can hurt a business is waiting for a finished product/ service to be paid in 30+ days. That is a long time for a business to pay expenses without that income. This type of finance that TDFC specializes in gets businesses out of sticky situations.

Before you call do you think…?

  • Is this going to be a waste of my time?
  • Will this actually help my business?
  • Will this suit my business goals and objectives?
  • What are the costs and will they have hidden fees?

Why should you call TDFC (0408058827)?

  • TDFC are opened from 9:00am- 5:00pm weekdays
  • Consultant will answer your questions and put to bed any doubts you may have
  • You are given a free tailored quote created to match your business needs
  • Your quote is only to give you options with no obligation to choose
  • Our quote is free and so is every consultation
  • Our consultants provide no nonsense answers. We want you to have the facts so you can make an informed decision.

What will you get from using TDFC?

  • All the information you need when deciding if this is right for your business
  • A free quote
  • Ongoing support whenever you need it
  • Experienced debtor finance specialists on your side to find you the best products and great service. That’s our commitment to you

Do I need to be in a particular industry?

Many businesses use TDFC from industries such as;

  • Transport
  • Retail
  • Wholesale
  • Manufacturing
  • Service

How long do I need to be trading for?

There is no minimum amount of time you need to be trading for. As long as your business is trading.

What do I need to do now?

If this is something your business needs then call us now 1300 00 8332. Email us at accounts@tdfc.com.au or start an online quote. We want to help and we guarantee to put you on the right track when it comes to choosing the right finance product for your business.

 

Debtor Finance, Factoring Explained for Business

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Factoring is a product designed to help business with cash flow only. Its not a debt collection service or a service.

Debtor Finance also know as Factoring or Invoice Discounting helps business owners take advantage of their debtors paying in 30-60-90 days. Financiers advance up to 80% of those invoices in advance, giving business owners the chance to purchase, or stock, or pay bills on time.

This gives owners piece of mind and often a growth opportunity depending which industry they are in. Of course it comes at a cost and knowing this, those owners who have slim margins, are not always suited to these products.

Lenders make money, they all operate that way, how much depends on your facility etc.. Trade Debtor Finance Consultants has built a large reputation around this, by offering a free obligation quote, giving business owners needing factoring up to four option in writing.

Our consultants go over the good and bad aspects of Invoice Discounting, Debtor Finance, and Factoring so you fully understand the pricing and structures of each facility. To know more, take a look at our website http://www.tradedebtorfinance.com.au or email our office at sales@tdfc.com.au . Our toll free number is 1300 00 8332