
Debtor Funding
- Ongoing facility or just a spot invoicing facility
- Disclosed or undisclosed
- What type of debtor concentration you need
- What type of industry you work in
Want a new way to fund your Debtors?
Debtor Funding is an ideal facility for companies that provide goods or services and have a payment cycle of 30days plus. They are not all the same and there is now a hybrid version available that acts more like an Overdraft or Line of Credit.
If you want a larger scale facility but want to maintain control over your working capital funding, there is a new facility available that simply uses your debtor book as security.
This is a revolving line of credit that continually calculates the limit you can borrow, against the value of your receivables. Businesses manage their own cash flow and invoice collections. Debtors are never contacted, and new bank accounts are not required.
· No Lock in Contracts
· No New Bank Accounts
· No Debtor contact
· Full Control of Funds
· No onerous administration
· Will even include overseas Debtors
· No need to repay funds every 30 days
· Facilities available from $200k-$4m
So, if you want to spend more time growing instead of managing the admin tasks of your current provider, please get in touch. We can provide an obligation free side by side comparison.