Simply put, a Debtor Finance facility will help you improve your cash flow by providing an immediate advance of cash against your outstanding invoices. Depending on which financier you choose this can be in as little as 24 hours.
When you raise an invoice, up to 80% of the value of the invoice is immediately transferred into your account. Once your customer pays, the remaining 20% is paid to you less the financiers fee.
A Debtor Finance facility is easily integrated into your business, helping you achieve reliable and stable cash flow. The process is simple and works as follows;
As the saying goes- revenue is vanity, profit is sanity but cash is the reality! And that’s why Debtor Finance can be a critical finance tool for your business;
Debtor Finance is suited to almost any business that sells to other businesses on credit terms. Most industries are eligible including, transport, manufacturing, wholesale, labour hire and construction. Debtor Finance can be the answer if your business finds itself in any of these situations;