So many business owners have great ideas, only to be shut down by the banks. If you dont have property, but have a commercial debtors, then factoring will assist your firm get started.
In most cases if you loose 4-5% or $50.00 per thousand in order to cashflow your growth, unsecured, most business owners can accomondate that. What you do with the new cashflow is the how you offset those costs. With up to 80% of your invoices made payable to you in 48 hours, you can purchase more, employee more staff, ect. You recieve the final 20% of the invoice less the fee when the debtor pays.
If you doubled in size, then the % fee is irrelivant as you wouldnt have been able to grow your business without the factoring product.
Debtor Finance has been used for years. Only in the last 10 years has it become competitive and factoring lenders are not rifling for all the good business's.
TDFC has consultants that support over 22 lenders in the industry. With no upfront fees, TDFC offers the completed rundown of all the factoring products, fees and systems. TDFC started consulting in Factoring over 3 years ago and has over 70 active factoring, debtor finance clients.
For more information, please email accounts@tdfc.com.au or go to our website www.tradedebtorfinance.com.au or ring 0408 058 827.
In most cases if you loose 4-5% or $50.00 per thousand in order to cashflow your growth, unsecured, most business owners can accomondate that. What you do with the new cashflow is the how you offset those costs. With up to 80% of your invoices made payable to you in 48 hours, you can purchase more, employee more staff, ect. You recieve the final 20% of the invoice less the fee when the debtor pays.
If you doubled in size, then the % fee is irrelivant as you wouldnt have been able to grow your business without the factoring product.
Debtor Finance has been used for years. Only in the last 10 years has it become competitive and factoring lenders are not rifling for all the good business's.
TDFC has consultants that support over 22 lenders in the industry. With no upfront fees, TDFC offers the completed rundown of all the factoring products, fees and systems. TDFC started consulting in Factoring over 3 years ago and has over 70 active factoring, debtor finance clients.
For more information, please email accounts@tdfc.com.au or go to our website www.tradedebtorfinance.com.au or ring 0408 058 827.
