Factoring, Debtor Finance, Invoice Discounting Consultants in Australia.

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Factoring, Debtor Finance, Invoice Discounting Consultants in Australia.

Why Debtor Finance works.

Accountants, brokers, business coaches are never sure if a debtor finance product will work or not for your business. As a result they state it’s too expensive. Others say it’s simple, put your invoices in and get paid up to 80% of their value with 48 hours. The final 20% less fees is paid when your debtor pays for the invoice. there are two alternatives to poor cash flow. One is going broke waiting for debtors to pay. 2nd is demand for faster payment, hoping you don’t loose the contracts.

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Factoring Debtor Finance Myths

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Factoring Debtor Finance Myths

Trade Debtor Finance Consultants was created so that business’s get the right advice about these products at no direct charge to your firm. These products are more expensive than bank products, however the risk is higher. Banks want assets to protect their interest and in doing so tie up the directors assets in the process and well as the business assets. Factoring Debtor Finance Myths are not all bad. Continue reading

Cashflow business? Factoring Stock finance

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Cashflow business? Factoring Stock finance

Trade Debtor Finance Consultants are now forming relations with accountants.

Consequently no matter if your a new business is a start up or your an established business. If your cash flow is not constantly coming in, your business growth is reduced. You abilities to generate discounts, create marketing, or put on staff will weigh heavily on your companies funds available. Factoring and Stock finance can be a life line to new business owners as they grow. Our firm offers the complete explanation about lenders who offer this Factoring stock Finance product. Continue reading

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

Trade Debtor Finance Consultants Offers above Service With Debtor Finance

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Trade Debtor Finance Consultants Offers above Service With Debtor Finance

What Trade Debtor Finance Consultants can do for you?

 

Trade Debtor Finance Consultants have been celebrating some real achievements in the industry. Our firm has 30 plus clients to date. This could only be achieved through word of mouth from happy clients. Above all TDFC continues to support companies. Offering Debtor Finance, Factoring solutions offering up to 28 lenders with products to suit your business. Don’t get the salesperson pitch! Ask TDFC consultants for the complete explanation of the product and get referrals from happy clients.

TDFC consultants support clients with lenders for the life of the loan with no direct charge. Clients really appreciate TDFC Consultants hands on attitude. Lenders are also maintaining happy clients. TDFC consultants are trained to look at all types of industries. As a result every option is considered before advice is given..

TDFC takes service to the next level. Consultants have options for Trade Finance.Debtor Finance. Invoice Discounting and Factoring for commercial businesses. TDFC also have negotiated financial products for smaller new business and start ups. Consequently with smaller turnovers businesses that banks are not interested in.

We go the extra yard with advice.

TDFC consultants always try and get companies thinking of exit strategies after debtor finance. A perfect example: Would be to offer one finance product now. Advising that this is a solution for 12 months only. Furthermore assessing the next faze will a larger bank facility.

Contact TDFC speak to our experienced personal. Consultants now have a range of referrals and solutions for your company. Giving you the best Cash flow Finance solution.
Take a look at our website www.tradedebtorfinance.com.au

Or make contact inquiry to our website or make a direct inquiry at accounts@tdfc.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

Factoring the flexible business finance

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How it all starts.

Business owners in their first years of growth experience cash flow shortages. Young businesses often have many debtors past 14-30 days. This experience looks good in accounting systems. However its not in your bank.

Not having the ability to purchase more stock or put on more staff halts growth. Often owners purchase credit cards or even get secured overdrafts with their banks. This does fix a short term issue.

Factoring has Flexibility

Before we obtaining a facility you need outstanding debtors and invoices. Having more outstanding debtors gives you greater security with factoring. Generally you provide an invoice or batch of completed invoices to the financeir. After the lender has verify that the invoices are complete. Also been placed into the payment process. The financier will offer up to 80% of those invoices into your account. The final 20% of the invoices will be released to you once your debtors pay for them. Importantly as your business grows so does you facility. With this in mind most banking products become more expensive as they grow. In most cases factoring lenders fees reduce to remain competitive.

 

Factoring the flexible business finance

Trade Debtor Finance Consultants Explained

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Debtor finance and factoring fully explained

Trade Debtor Finance Consultants Explained

A Story of Debtor Finance Tales

It all started with an honest man. He worked for a company that sold a great product and lots of people liked it.

The man realized one day that another company was selling the same product, but it was cheaper. There was even another company that offered better customer care. There were so many options and the man knew this competition was going to make selling his great product tough.

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Factoring can Fix over due bills.

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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