Debtor finance and factoring explained for business
What is debtor finance, or factoring? Our firm can easily explain these products for my business! Debtor Finance is a product designed to help business with cash flow only. Its not a debt collection service or a service. What does that even mean to my business?
Debtor Finance has been called Factoring or Invoice Discounting. It is a way to help business owners take advantage of their debtors paying in 30-60-90 days. Financiers advance up to 80% of those invoices in advance. This gives business owners the chance to purchase stock or pay bills on time.
This type of facility can give owners piece of mind, which often allows growth opportunities.
Lenders make money, that is their business, however how much depends on your facility choices. Trade Debtor Finance Consultants has built a service to help you find your best choices by offering an free obligation quote. We will find up to four factoring options.
Our consultants go over the good and bad aspects of Invoice Discounting, Debtor Finance, and Factoring so you fully understand the pricing and structures of each facility.
What this does mean to you and your business? It means that you have worked hard to get your business to where it is, and no one knows it like you. What we do have is the time to get to know you and try and find a fit for just you. We are also a family business and the reason why are in business is because of family. We understand you are the same. To know more, take a look at our website www.tradedebtorfinance.com.au or email our office at firstname.lastname@example.org . Our toll free number is 1300 00 8332