Get Funding Against Invoices for Your Business
Invoice funding is a type of debtor finance transaction that is fast becoming a popular financing option among business owners in Australia due to its straightforward and hassle-free nature. It is a financing solution that allows you to use your accounts receivable ledger as collateral for funding, providing you with a means to finance your business needs without exhausting your working capital.
With invoice funding from LoansOne, you’ll have the opportunity to fund the growth of your enterprise even if you don’t have the assets to present as security. It’s a fast and simple way to obtain more capital, which will help you and your people realise your full potential.
Unlock That Extra Capital with Invoice Funding for Your Australian Business
Invoice funding works by funding slow-paying invoices, which represent money that has yet to be paid by a company’s customers. Incurring outstanding invoices is unavoidable for many businesses because in many cases, they are only able to win customers if they offer attractive 30-day, 60-day, or 90-day payment terms. This is especially true when it comes to big B2B clients, who would typically insist on including favourable payment terms in their contracts and wouldn’t have it otherwise. Many businesses benefit from debtor finance simply because they can’t wait between 1 to 3 months to get paid by these customers.
When you obtain invoice funding from LoansOne, we advance a portion of the money owed by your customers, giving you a lump sum of cash in exchange for your accounts receivable ledger. This way, you can use the money to avoid cash flow problems and to make sure that you’re able to meet all of your financial obligations, like paying your suppliers and your employees’ wages on time.
A few of the advantages of LoansOne invoice funding are as follows:
- No cost on application
- Available for all businesses across Australia
- Advance from 70% to 85% of the equivalent amount of your invoices
- Get lump sum of between $5,000 and $500,000
- Apply online in a few minutes, and get same day approval
- Funding possible within just 24 hours
Get Invoice Funding Against Your Accounts Receivables Today
Don’t let your business be tied up financially just because you have to extend credit to your own customers. With a proper debtor finance solution from LoansOne, you’ll be able to improve your cash flow and preserve your working capital to pay for the daily operational needs of your business. Furthermore, you can also use the money to invest in your people and purchase more assets, allowing you to grow your business and eventually make it a more financially independent enterprise.
LoansOne invoice funding is open to all businesses in Melbourne and elsewhere in Australia. If you’re interested in obtaining debtor finance for your own business, call us today at 03 8685 8585 to learn more, or send your enquiries through our contact page.