Trade Debtor Finance Consultants Explain Factoring – Free Quote

Trade Debtor Finance Consultants Explain Factoring - Free Quote
Trade Debtor Finance Consultants Explain Factoring – Free Quote

Trade Debtor Finance Consultants Explain Factoring – Free Quote

Firstly Trade Debtor Finance Consultants explain Factoring – Free Quote. Small business owners across Australia often place a majority of their own funds in their ventures. As a result in the first year of business. It’s not unusual for new ideas to diminish.

Most of the time business owners haven’t been trading long enough to ascertain a bank finance facility. Expensive short term lending is often considered as the only option going forward. Consequently Factoring also know as Debtor Finance or Invoice Discounting is not mentioned.

Why new millennials are making factoring more successful.

First of all technology has progressed quickly in the last 20 years. With technology comes access to information. Long gone are the days, people just guess. With search engines, owners can seek out solutions to their problems. Factoring is one of those lending solutions. New businesses can rely on promoting sales, invoicing clients. Most Factoring Lenders products will grow with your business. Debtor Finance is another term used with Factoring Invoices. In addition also provides businesses strong back end processes. For example verification of invoices, payment plans, and some collections. Therefore owners can focus again on sales and purchasing.

Why Choose Trade Debtor Finance Consultants to help with finding a Factoring Facility?

First of all this family owned business. Which has been operating around factoring lenders for over ten years. As a result our firm knows debtor financier products and pricing. Trade Debtor Finance Consultants offers an obligation free written quote with up to four of our best options. These options are selected out of a possible 28 Factoring lenders. Detailed in the Quote are the selected lenders with explanations.

In conclusion business owners only have to explain their situation. Provide information about their situation and receive a Debtor Finance Quote. Hence Business owners sit back and await lenders to discuss their facility options. Our future clients ask direct questions that relate to their needs. Factoring lenders already know the possible clients story and get straight to the things that matter. Pricing and products. Due to our service, Trade Debtor Finance has many referrals for clients.

Contact Trade Debtor Finance Consultant today.

Hence the best way of contacting our firm is by phone 1300 00 8332. Our website www.tradedebtorfinance.com.au has a contact page for you deliver your inquiry. Another is send us an email to sales@tdfc.com.au

Trade Debtor Finance Factoring Consultants

Trade Debtor Finance Consultants Explaining Factoring To Small Business For 10 Years

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

Factoring, Debtor Finance, Invoice Discounting Consultants in Australia.

Best family owned Factoring, Debtor Finance, Invoice Discounting consultants in Australia.

Why Debtor Finance works.

Accountants, brokers, business coaches are never sure if a debtor finance product will work or not for your business. As a result they state it’s too expensive. Others say it’s simple, put your invoices in and get paid up to 80% of their value with 48 hours. The final 20% less fees is paid when your debtor pays for the invoice. there are two alternatives to poor cash flow. One is going broke waiting for debtors to pay. 2nd is demand for faster payment, hoping you don’t loose the contracts.

Important questions for businesses.

1. Will factoring finance facilities really send your firm broke?

2. Are factoring products too expensive, or can you really afford it?

3. Will it help your business grow with minimal security?

4. Is there more than one recommended factoring lender out there for you to choose from?

Factoring, Debtor Finance, Invoice Discounting Consultants in Australia.
Factoring, Debtor Finance, Invoice Discounting Consultants in Australia.

People who don’t know about this products should say nothing and leave it to the experts.

Therefore with over 10 years’ experience, and started up our own business with nothing, giving advice about these products only, we should know.

There are over 26 recommended lenders Australia wide with a wide range of facilities and products. Our job is to understand most of them and let clients know, their positives and negatives in one call.

Pricing is determined on the lender itself. Larger lenders have greater borrowing capacities, other than private smaller lenders. With this in mind facilities are different. Smaller lenders have much more to lose, and are very hands on in checking invoices etc.. This makes their facilities more expensive. Larger lenders have larger more sophisticated clients, and there is less admin involved, making facilities cheaper.

Consequently contracts and securities are determined by the size of the client and strength of the debtors.

In conclusion, why guess what is for you. Trade Debtor Finance Consultants Pty Ltd has no direct upfront cost, and we offer our findings in a written quote. One call and you can have up to 4 options to choose from. These options will be the best solutions we put forward to suit your firm. There is no obligation, so google and interview others if you feel the need too.

Trade Debtor Finance Consultants Pty Ltd are so confident of our introduction’s. Hence if you proceed with any of our lenders we will give you support for the life of the loan again at no charge to your firm. You can find us www.tradedebtorfinance.com.au or email sales@tdfc.com.au or contact our friendly staff 1300 00 8332.

In conclusion Trade Debtor Finance Consultants is a family owned business that strives to be the best in this field for you.

Which Debtor Finance Lender Suits Your Business

Invoice Discounting- Financial Services

 

Guide using Debtor Finance in Australia

Guide using Debtor Finance in Australia
Guide using Debtor Finance in Australia

What is Debtor Finance, Full Service Factoring, or Invoice Discounting?

These facilities are when a business sells all or part of their debtors’ ledger (Unpaid Invoices) to a financier. Owners raise working capital (Cash) for expenses, wages or fuel.

How does debtor-finance / factoring work?

As a result of business delivering its goods/services to its customers, the invoices (trade debts) raised can be sold to a factoring financier.

Most Factoring Financiers can advance up to 80% of the unpaid invoices value. This occurs within 24-48 hours of verification. Therefore the remaining 20% is advanced after the invoice is paid from the client to the lender. Business owners are returned the final 20% less a small fee of about 1-3%.

So the business simply forwards copies of the invoices to the Factoring financier. Once verification of invoices is complete funds are advanced.

The businesses can retain control over accounting functions and collections. They may also opt for the Factoring financier to control this function. In our experience, its wise for your firm to retain the account functions.

What are the benefits of debtor-finance / factoring to a small business?

Trade Debtor Finance offers the business flexibility, as the following benefits illustrate:

Consequently funds are readily available. Credit sales are converted into cash normally within 48 hours.

With cash in the bank, the client can negotiate better trading terms with suppliers. They can also ascertain an early settlement, discounts and the ability to buy in bulk.

Eliminate the need to offer settlement discounts to customers. Invoice-Discounting fees are usually cheaper than settlement discounts. With Invoice-Finance clients knows with certainty when they  will receive cash.

What are the costs?

Hence different Factoring lenders charge different fees. Lenders base this upon setup structure, size and risk. The average cost of debtor-finance is 3% per month. This will vary depending on your debtors payment terms. The longer it takes for debtors to pay, as a result, the higher the cost.

Why Choose the Trade Debtor Finance Consultants?

Cost: Our firm has no direct upfront fee for our consultation.
Confidential: TDFC will not sell your information to a third party.
Choice: Our family owned business has access to over 28 trustworthy debtor-finance lenders.
Experienced: TDFC consultants have expert experience in debtor-finance and know what lenders to recommend for your business needs
Trust: Our policies dictate that you with be given no nonsense answers and will explain all costs
Successful: TDFC can give you recent successful client referrals.

Find a facility for your business in your industry

 

Read through Trade Debtor Finance Consultants PRIVACY ACT

I hope our guide using debtor finance was helpful.






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Can Best Help You!

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and advice on the right facility for your specific needs!

How to Grow your business – Use Debtor Finance

New Business Start-up.. Need Cashflow Finance?

If your a new business start up, the most important thing to maintain is Cashflow. Most businesses try and get COD to 7 day payments to avoid problems. In today’s environment most companies are averaging 35- 45 days in payment terms.
By choosing TDFC you have their support fro the life of the facility with that lender in finding, running and maintaining a finance facility.
Ask for referrals and judge this for yourself.

New Business Start-up.. Need Cashflow Finance?

If your a new business start up, the most important thing to maintain is Cashflow. Most businesses try and get COD to 7 day payments to avoid problems. In today’s environment most companies are averaging 35- 55 days in payment terms. Some business owners endure much longer periods of waiting for payment. Continue reading “New Business Start-up.. Need Cashflow Finance?”

Financing Your Small Business – Factoring

Financing Your Small Business – Factoring

Most business owners would ask? Hence why would you choose Factoring to finance your business. Banks offer over drafts, line of credits, even short term lending at a reasonable prices. Therefore opting to use the main banks. Would mean you will have to wait weeks for these products to be processed. Also banks take control of accounts and assets. Yes you will receive a reasonable price, but at what cost.

Financing Your Small Business - Factoring
Financing Your Small Business – Factoring

Added Bonuses for using a Factoring Lender.

Factoring lenders are only interested in three main questions. Do you have a business? How many debtors to you have? How many invoices do you have outstanding? In most cases there is no need to offer any property assets to obtain a facility. Facilities are set up in less than 14 days.

Financing unpaid invoices will give you instant cash flow instead of waiting 30-60-90 days for payment. Factoring lenders offer some collections, debtor background searches, and verification of invoices. These and a lot more bonuses for using these lenders. Often costing is a major concern for business owners. Therefore it is important to understand that most finance products are priced against risk and administration involved.

Trade Debtor Finance Consultants take the worry out of finding a product.

Trade Debtor Finance Consultants began in 2007 to cover an industry need to help owners better understand factoring lenders and products. As a result our small family owned business has been assisting businesses find facilities for over 10 years.

Firstly in just one call our consultants will listen, develop a strategy, and provide your firm with a range of options. Understanding over 28 lenders throughout Australia, gives our firm extensive knowledge about factoring. Factoring procedures needs to be explained so owners understand all processes.

Consequently pricing is the main issue for most small business owners. Explanation of your circumstances is so vital. this could be the difference in a costly facility or not. In conclusion offsetting these cost is essential throughout this facility.

Don’t guess just call us today for a free quote.

Our consultants will take time to understand your needs. Remembering that if the product doesn’t suit your needs, we wont proceed. Factoring facilities can be a complex exercise. Businesses are all different and so are lenders. In conclusion you can contact Trade Debtor Finance Consultants by 1300 00 8332.

Email: sales@tdfc.com.au or www.tradedebtorfinance.com.au

Factoring Small Business

Most Accountants support Factoring when used correctly

Debtor Finance, Factoring, Invoice Discounting has often been misinterpreted and misused. These finance products were never designed to send a business owner broke.

Most Accountants support Factoring when used correctly.

Debtor Finance, Factoring, Invoice Discounting has often been misinterpreted and misused. These finance products were never designed to send a business owner broke.  However, often misused, as they have been in the last 20 years. Often the costs of these products has been taken off the profit line, eating away at any chance of the business succeeding. Clients have also been locked in for 12-24 months with the wrong product. Times have changed. Our consultants take time to ensure the client and their accountant know exactly how it all works. Continue reading “Most Accountants support Factoring when used correctly”

Grow your business with factoring

Reasons to grow your business with factoring.

Grow your business with factoring
Grow your business with factoring

Why would you want to pay more money to finance invoices. Most business owners need cash flow. Unfortunately as more and more sales go out the door. As a result more and more pressure is placed on  cash assets to purchase more stock.

Trade Debtor Finance will list some of the main reasons, businesses can use factoring.

  1. This product is used to take pressures of you cash at hand. Most business owners rely heavily in the first year of business fast payments in order to keep stock levels and sales revolving fast. Therefore by funding unpaid invoices you will have access to funds before payment. Having funds to purchase more stock gives your company the abilty to flood the market. The costs can be off setted by paying cash or discount purchasing. Plus the fact your sales will increase and income generated in growth.                                         ____________________________________________
  2. Star up business or sole traders often are owned by families. As these businesses grow, often funds are directed towards sales. The strain on paperwork, admin, is often an extra job. You can if you can afford it hire a person to help out! Hence Factoring companies has advantages by helping your companies back end. They verify invoices, make collection plans and provide paper trails. Also lenders provide you with cash flow, which could give you funds to hire more staff.                                                                                          ____________________________________________
  3. Funding with factoring can turn around your business. Owners can purchase a business, and use its unpaid invoices to fund its operations. While you use your monies for improvements. Funding invoices can give you the ability purchase more staff, vehicles, and better equipment. This products expenses is claimed on Tax.                                                                                  ____________________________________________

This is why you Choose Trade Debtor Finance Consultants.

Our family owned and operated business helps businesses Australia wide. Consultants take the time to time to explain all products and lenders in great detail. Best of all TDFC places this in an obligation free written quote. This quote will have up to four options to choose from. Don’t guess, make that one call. 1300 00 8332

www.tradedebtorfinance.com.au or email sales@tdfc.com.au 

Funding options for new business – factoring.

 

Cashflow Running on empty, Top up with Invoice Discounting.

Most Australian businesses rely on there customers paying up before the christmas break. Having outstanding funds over this period until they return in January causes massive cashflow issues.

Cashflow Running on empty, Top up with Invoice Discounting.

Cashflow Running on empty, Top up with Invoice Discounting. It is very easy for our firm to say this. Often each business has a range of scenarios and issues to address. Invoice Discounting, Factoring, and Debtor Finance are all finance products developed to assist owners improve Cashflow.

Will Invoice Discounting work?

Invoice Discounting is not here to help you collect invoices. Most Australian business’s rely heavily on their customers paying their invoices on time. Having outstanding funds overdue, puts most businesses in some type of financial hardship. In most cases it causes the business to have cash flow issues. Some believe that Debtor Finance or factoring will help with this Cashflow. In most cases its further from the truth. Lenders are only interested in financing invoices. In most cases they are not focused in the collection of invoices.

Debtor Finance Lenders can help if your clients will extend their terms. In these cases they often will extend payment terms and allow a small increase to clients who accommodate them. Factoring lenders will fund those debtors absorbing that increase, but the current business owner can utilise cash from those invoices to grow.

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

TDFC Explains all about Invoice Discounting!

TDFC (Trade Debtor Finance Consultants) are here to offer you a wide range of lenders and products to suit your business needs. Whether it be a long term agreement or a short funding facility. TDFC consultants explain it all in great detail. TDFC consultants also provide assistance for the life of the loan, having experienced personal whom know the ins and outs of these services.

How do Debtor Finance Lenders work?

Clients submit their ledger for the week or month and the Credit department of the debtor finance lender will verify those invoices. Once they have verified a percentage of invoices, lenders will make available up to 80% of their whole value to the client to utilise. When the debtors pay, each invoice is paid off the ledger. The final 20% of the invoice is released to the client once invoices have been reconciled. Basically its an overdraft on your receivables. You as the client dictate how much you borrow or draw down each month. And only pay interest on that amount you have borrowed.

Invoice Discounting is crucial to a business’s Cashflow. For a fee between 2-5% for 60 days will save you much heart ache. Some great advantages to Invoice Discounting are you can dictate how much interest you are paying by how much you draw down each month from your availability of funds.

Example is you have $100 000.00 worth of invoices. Once verified you can draw with Invoice Discounting up to $90 000.00 within 24 hours. Flexibility is if you only need $20 000.00 your only paying a per annum interest on that amount. Sure you can borrow more if required. Faster paying debtors will pay their invoices and this amount is reduced like a loan. Its funding made easy.

This is how TDFC assist your business and decision regarding Invoice Discounting.

This family owned and operated business has been helping all types of businesses receive a better understanding of these Cash Flow products. Giving owners options and explaining products and lenders, gives your business the opportunity to see if it will assist going forward.

In conclusion for a free quote on these Invoice Discounting products call TDFC today

1300 00 8332 or email and inquiry to our website www.tradedebtorfinance.com.au

Cash flow Finance supported by Trade Debtor Finance Consultants