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 accounts@tdfc.com.au
Recently I went to a business summit. I acquired some very handy advice about growing your business through marketing. Also time management and managing finances. Continue reading →
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 →
Anyone who has been in business know the struggles of customers who pay months later after the transaction. The pain comes especially when its for a debt that will really hurt your business if it isn’t ever paid. I’m sure you have your own battles that you are going through but I thought I would share mine.
Illustration of the planet earth with growing plants
