Factoring – Debtor Finance the ultimate finance for new business.

Factoring – Debtor Finance the ultimate finance for new business.

Factoring – Debtor Finance the ultimate finance for new business. Ensuring that brand new businesses survive after 12 months is the ultimate challenge. Often the struggle begins when cash assets begin to dry up as your idea grows. For the first two years business owners need to establish financials in order to ascertain banking products. The only exception is if there are bricks and mortar assets supplied by the owners. Using these assets involves using your personal assets to keep your business operating.

Why use your families assets to ascertain cashflow?

Once you involve your families assets, the stress you need to ensure the business is successful can be over whelming. Most finance products need security of sort. In most cases the less you pay, the more security is required to ascertain the product.

This is why you choose Factoring or Debtor Finance earlier.

Often in new business start ups, there is less than 10 employees operating the business. Focus is often on purchasing and sales. Faster the turn around, the more profits are made. Business owners mark success by profit in most cases. Size and quantity of sales is often the markers for owners to gauge success. Some owners jump on this opportunity and hire more staff to complete the rise in demand. Often in the need for more sales and or clients, terms of clients starts to push out. 14 days, moves to 30. 30 days becomes 60 or more. Business owners cashflow starts to dry up. Debtors ledgers grow, and sales have to slow down as stocks diminish. Newly appointed staff start to be less effective as work comes to a stand still. Then when client pay the new sales are raced out, for the cycle to begin again.

Factoring - Debtor Finance the ultimate finance for new business.
Factoring – Debtor Finance the ultimate finance for new business.

How can you fix this?

Credit limits, strict terms adhered too, and collection procedures are a firm start. However in today market, most new owners don’t fully understand the fundamentals of working smarter. For example if your product is purchased and sold to a client. Your margins are dictated when the client pays for their goods. Often its worked by a 30 day payment.

If the client extends terms then owners cost go up rapidly. This is a brief explanation how. Staff have to make extra calls. Send letters and document their progress. Owners have to either put future sales on hold, or space them out to ensure products are still moving. Finally borrow monies to improve their cash flow while waiting for the debtor to pay. Either way if a client takes 60 days or longer to pay for goods, then your offering the product as cost or at a loss. This is not always the case in every business, but a common fault in most.

Factoring – Debtor Finance – Invoice Discounting.

You will notice I didn’t just jump in and state look at these products as they will be you shinning light. Its because often these products are expected to save the failings of a new business. In my experience opinion this is not always going to happen.

Factoring of your clients, is basically putting all your outstanding and future invoices into a finance company for funding. These factoring companies will verify the work is completed and offer a percentage of those invoices to your firm for your cashflow. When you debtors pay. Your debt is cleared off with balances given back to your firm less fees. its an overdraft on your invoices, secured by your clients. Seems simple, well its not. It can be complicated and expensive if not used correctly. Its why our family owned business has been so successful placing clients.

Factoring - Debtor Finance the ultimate finance for new business.
Factoring – Debtor Finance the ultimate finance for new business.

Why to use Trade Debtor Finance Consultants?

These products have been used in a wide way of uses. Some lenders will let you offer up most of your ledger. For example imagine if you only fund you slower paying debtors. Or you can just fund a larger lender only. These products were designed to help your business, not send you broke. Fees and charges often are determined by the length of time the debtors take to pay and the amount of invoice you have.

Trade Debtor Finance Consultants are a family owned business in Queensland offering an obligation free, written quote to your firm at no direct cost. Our firm has Debtor Finance lenders Australia wide and liaises with their staff to ensure your business ascertains the best advices. Consultants will assist in helping arrange, setup, and ensure if required assistance for the life of the loan. Again this is our promise to new business.

If you would like to know more about Invoice Discounting, please contact our office. Trade Debtor Finance Consultants can be contact via phone 1300 00 8332 or 1300 00 TDFC. You can also contact via email sales@tdfc.com.au or website www.tdfc.com.au

We look forward to your questions.

Finance your business idea with Factoring flexibility

Cashflow Finance supported – Trade Debtor Finance Consultants

Cashflow Finance supported – Trade Debtor Finance Consultants

Cashflow Finance supported - Trade Debtor Finance Consultants
Cashflow Finance supported – Trade Debtor Finance Consultants

What is cash flow finance?

Cashflow Finance supported – Trade Debtor Finance Consultants. Cash flow finance, also known as Debtor Finance.  It is a flexible  funding option helping manufacturers, wholesalers and business services. As a result it  improves cash flow by releasing up to 80% of the cash locked up in outstanding invoices within 48 hours.

For example owners invoice today for completed transactions. Submit that invoice to a factoring lenders and once verified can draw up to 80% of the value immediately. When the debtor pays for their invoice the final 20% less fees will be released to your bank account.

Factoring, Debtor Finance, Invoice Discounting, Cashflow Finance are basically the same product.

As stated there is many names for these facilities. Funding of invoices has been used for hundreds of years. Unfortunately not always used in the best ways. Never the less if these products are used correctly can be the most rewarding finance product in Finance. If you ask your accountant today about these products, you will acknowledge if it suits your business.

Debtor Finance companies use debtor invoices to fund. As this is the most cost effective way. Hence rather than other Finance businesses  lending against other assets such as stock, plant and equipment and property.

As a result debtor finance services can help you take full control of your cash flow and move forward again.

Six Reasons why Cashflow Finance Lenders.

  • Improve cash flow Fund sales growth
  • Release the family home from the business
  • Funding limits automatically grow in line with sales
  • Increase margins by gaining early settlement discounts
  • Protect the bottom line by reducing early settlement discounts
  • Increase business by extending terms with confidence

This is Why you call Trade Debtor Finance Consultants.

Trade Debtor Finance Consultants Pty Ltd  who has over 28 factoring lenders and products to choose from. Our firm Trade Debtor Finance Consultants stands by service and gives you no nonsense answers in regards to each Invoice Discounting product.

Therefore Trade Debtor Finance Consultants will give you answers the lenders forget to mention. In conclusion Trade Debtor Finance Consultants will help you setup and monitor the factoring facility. Rather than have trouble, Trade Debtor Finance Consultants will help you to avoid any teething periods. There is also a Trade Finance option as well. For more information please contact Trade Debtor Finance Consultants today!

www.tradedebtorfinance.com.au sales@tdfc.com.au or 1300 00 8332

Most flexible finance product in business – factoring finance

Don’t get a Raw Deal with Factoring

Don’t get a Raw Deal with Factoring.Do you need to factor everything?How much does it cost?Am I locked into a product?What are the hidden fees?Will my debtors know about this product or not?

Don’t get a Raw Deal with Factoring

Don’t stress about factoring.

Do you need to factor everything?
How much does it cost?
Do products lock you into a contract?
What are the hidden fees?
Will my debtors know about this product or not? Continue reading “Don’t get a Raw Deal with Factoring”

Cash Flow Problems, Explore Factoring

Cash Flow Problems, Explore Factoring

Small Business often wonders how to improve Cash Flow. The simple scenario, its all started with owners having a great idea. Therefore owners  put up some funds and start their new business.

Often their business goes great for the first few months. As they grow, businesses ensure heaps of sales out the door. As a result end up waiting for clients to pay, strangles their only cash flow.

Cash Flow Problems, Explore Factoring
Cash Flow Problems, Explore Factoring

Suddenly they approach the banks for some finance. You’re too young in business. You don’t have two years financials, no BAS record, your sales are too unpredictable.

Or we will give you a credit card, or a small overdraft. If you have property, they will secure this in order to give you more money. You’re left wondering what to do next.

There is a way to achieve finance without security.

Debtor Finance or Factoring. These lenders are only interested in one thing, YOUR DEBTORS (Account Receivables). They will lend in most cases up to 80% of those invoices upfront, instead of waiting for you to get paid. Giving you the balance when the debtor pays for the invoice.

With over 28 Lenders in the country it’s not hard to find a lender that will suit your needs. That is if you’re with Trade Debtor Finance Consultants.

This is Why you call TDFC.

You could spend hours on the phone, and still not get the right lender. With one call to our office, we will give you a range of options. In this obligation free written quote. You will receive up to four of the most suited lenders to your business to choose from.

Our consultants will explain to the lenders your scenario and it means lenders can focus on price and products. Best of all it’s at no upfront cost to your business. Even when you have your facility, TDFC will also offer support to your firm for the life of the loan. Again at no cost to you.

Trade Debtor Finance Consultants have settled over 300 deals in our operation of  10 years. This has been from a wide range of industries and scenarios. But don’t take our word for it, ask us for our many referrals.

Don’t wait a minute longer, call us today and let us help try and fix your Cash Flow with Invoice Discounting and start moving forward in business. www.tradedebtorfinance.com.au or 1300 00 8332 or sales@tdfc.com.au

Cashflow Running on empty, Top up before with Invoice Discounting.

Partnering Debtor Finance with the Construction Sector

Partnering Debtor Finance with the Construction Sector

The most experienced people in the construction industry will tell you that success is based on managing your money in order to provide quality work at high speeds. Even thriving construction businesses can hit rough financial patches when invoices aren’t paid on time. Knowing how to manage those problems is crucial, and having the right assistance will help your business grow.

Panoramic and perspective wide angle view to steel light blue background of glass high-rise building skyscraper, modern futuristic commercial city
Continue reading “Partnering Debtor Finance with the Construction Sector”

How to stand out from competition utilising Factoring

Want to get further ahead and not lose customers?

Sometimes owners start a business and let the customers flow in, unfortunately too many come. All of a sudden there are too many places you need to be and not enough time to get to them all. Sometimes we just don’t have the equipment or resources to do jobs that are required. Soon owners are forced to turn debtors away.

Debtor Finance, Factoring helps business owners grow.

TDFC consultants have had experienced in these type of stories. There is a way out. Our consultants believe you have come the right place. Poor cash flow for businesses who really want to grow makes if difficult. TDFC consultants can offer a very simple solution. TDFC has partnered with Factoring businesses and help them find there way to opening doors to opportunity.

Our experienced consultants found suitable factoring facilities that were affordable and would greatly benefit the business. Business owners were able to hire that extra help, serve more customers and pay their debts. These new opportunities came from finding a suitable debtor finance facility.

How do you stand out from competition utilising Factoring
How do you stand out from competition utilising Factoring

Therefore calling a consultant could help you in so many ways. Having access to your outstanding funds will place you ahead of your competition. Customers will not be waiting 14-30-60 days to be paid by your debtors. Cash flow is being wasted. Access this cash flow and turn those goals to a reality.

Become a big success story you always wanted to be.

With contacting TDFC you will receive upfront and honest explanations about factoring products, lenders, and chargers. Furthermore once your firm supplies our consultants all the necessary information, we will provide an obligation free written quote with up to four lenders of choice. These lenders will contact yourself and you can make a informed decision. For more information please call us today.

Types of Factoring

Types of Factoring

Trade Debtor Finance Consultants was the first Factoring Consultants in the industry focusing only on these products. Having been successfully placing businesses since 2009, this firm has became experts in the field.

Factoring is the common word for all invoice finance products. Over the years lenders have written all different businesses into their products. This has caused positive and negative feedback. Lenders were forced to make up other names for the products. Debtor Finance, Invoice Discounting, etc..

In the end it all Factoring of an invoice. Thus getting paid up to certain percentage as the work is completed and receiving the balance once the lender has paid.

Continue reading “Types of Factoring”

What is a Factoring Company?

What is a Factoring Company?

There are a range of different Invoice lending Companies around Australia. These companies fund clients invoices to assist in Cashflow. These firms charge fees for this service. The larger the firms the greater buying power with the banks. Fees are cheaper the larger the firm.

Continue reading “What is a Factoring Company?”

Learn all you need about Factoring in one call.

Learn all you need about Factoring in one call.

There is no better time to inquire about Factoring and how it can help your business grow.  Therefore you have nothing to lose and everything to gain.  It can start with a phone call for a chat, and end with an understanding of how products may work with your business. Continue reading “Learn all you need about Factoring in one call.”