Are you a business owner grappling with the challenges of working capital management while dealing with slow-paying customers? Perhaps you’re in the midst of researching different cashflow solutions to help improve your performance. If so, you're not alone. Many companies, especially those with payment cycles extending beyond 30 days, find it challenging to maintain a healthy cashflow.
Traditional debtor funding arrangements have been around for a while, however, not all debtor funding solutions are created equal. Fortunately, there's a solution that could revolutionise the way you fund your debtors — Hybrid Debtor Funding. This modern and flexible approach combines the benefits of an overdraft or line of credit with the security of your debtor book.
Here's why Hybrid Debtor Funding might be the ideal solution for your business
1. Maintain Control Over Your Working Capital
One of the key advantages of this new facility is that it allows you to retain control over your working capital funding. You don't have to relinquish control of your business operations to a third party.
2. Revolving Line of Credit
Instead of dealing with fixed terms and monthly repayments, Hybrid Debtor Funding offers a revolving line of credit. This means that your borrowing limit is continually recalculated based on the value of your outstanding receivables. As your business grows, so does your access to funds.
3. Minimal Disruption
Transitioning to Hybrid Debtor Funding is hassle-free. You won't be tied down by long-term contracts, and you won't need to open new bank accounts or disrupt your current financial setup.
4. No Debtor Contact
Worried about having to notify your customers that you are funding their invoices? With Hybrid Debtor Funding, there's no need to advise your debtors, or note on your invoices. Your customer relationships remain intact.
5. Full Control of Funds
You have complete control over how you utilise the funds obtained through Hybrid Debtor Funding. Whether it's investing in growth opportunities, covering operational expenses, or any other business need, the choice is yours.
6. Streamlined Administration
Say goodbye to the onerous administrative tasks associated with some traditional debtor funding providers. Hybrid Debtor Funding simplifies the process, allowing you to focus on your core business operations.
7. International Reach
Do you have overseas customers? No problem. This innovative funding solution even covers overseas debtors, ensuring that your funding needs aren't limited by geography.
8. Flexible Repayment Terms
Unlike some traditional debtor funding arrangements that require funds to be repaid every 30 days, Hybrid Debtor Funding offers greater flexibility in managing repayments.
9. Tailored Facilities
Hybrid Debtor Funding isn't one-size-fits-all. Facilities are available in a range of sizes, from $200,000 to $4 million, allowing you to select a funding limit that aligns with your specific business needs.
Is it Time for You to Swap to Hybrid Debtor Funding?
If you want more freedom to grow your business, it's time to explore the possibilities of Hybrid Debtor Funding. The benefits are clear: no lock-in contracts, no need for new bank accounts, no debtor contact, full control of your funds, and much more.
Make the Change with FCC Business Loans.
At FCC, we understand the unique challenges businesses face when it comes to managing working capital. Our team provides tailored Hybrid Debtor Funding solutions that transform the way you fund your debtors. We invite you to reach out to us for an obligation-free comparison with your current funding arrangement.
It's time to take control of your finances with a new cashflow solution and focus on what matters most — growing your business!
