Debtor Financing
Debtor Finance could suit your business if you have slow-paying customers, seasonal and day-to-day fluctuations in cash flow, and turnover in excess of $2millon.
Offers do vary from lender to lender but one such offer:
Provides you with:
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up to 85% of your approved invoices within 1 business day
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an approved credit limit based on the strength of your business sales instead of fixed assets
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the ability to continue to borrow up to your approved limit based on your credit sales and the control to reduce your loan through collected payments from your customers
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an online solution to reduce time-consuming paperwork and administration
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the ability to transact outside normal business hours