Debtor finance
Debtor Finance Overview
Debtor finance is a growing market where business owners can utilise future dated debtor transactions and leverage off these future dated funds to assist with cash flow management, capital purchases or other business needs as required.
Debtor finance is now recognised as an effective tool for business owners regardless of what the purpose is for; it has assisted many clients with business growth and allows them to capitalise on business opportunities they would have otherwise missed out on.
Debtor finance is a specialised area and AussieWise Finance Group is able to assist you in understanding debtor finance and also guide you through the process so simply contact one of our debtor finance consultants to find out more.
What is Debtor Finance?
Debtor finance is specifically designed for business operators and is generally a short term loan.
The finance companies which provide debtor finance simply require invoices for future dated debtor transactions and based on the strength of trading history between the two parties will provide debtor finance up to a specified amount (% value) according to the debtor finance credit criteria that lender has in place.
For more information on debtor finance please contact one of our debtor finance consultants to find out more.
How can Debtor Finance help my business?
There are many ways in which debtor finance can help your business, be it for expansion of your business operations, payment of due accounts, acquisition of stock or vehicles and so on.
Debtor finance has shown strong growth over recent years and there are now thousands of business’ utilising debtor finance to help their business grow.
Debtor Finance for Container/Import SME’s
If you are an importer or rely on importation for your core business then this debtor finance product may just suit your needs.
Traditionally this type of debtor finance was reserved for the larger corporate companies but has now been made available to the SME space.
Container finance is offered to business’ which have been credit approved up to a maximum of $200,000 per container, how it works is simple.
When payment is due for the container the client requests a drawdown of funds for that particular container and the funds are deposited directly into the clients account.
Once the goods are delivered to customers the client begins repaying the drawdown in stages through a debtor finance facility.
Importation is a growing market within Australian industry and this product has been able to fill a void where small to medium enterprises were previously unable to obtain this type of debtor finance.
For more information on container finance please contact one of our debtor finance consultants to find out more.
How can AussieWise Finance Group assist with Debtor Finance?
AussieWise Finance Group has access to a variety of debtor finance companies and as such is able to provide a broad choice of debtor finance types which may suit your needs.
There is much more to debtor finance but the core uses have been covered off above.
To see if debtor finance can assist your business please contact one of our debtor finance consultants who will be able to guide you through the process and identify what type of debtor finance facility is most suitable.
|
