Invoice finance offers considerable benefits

Personal gains

1. Money in your pocket

Invoice finance can put money in your pocket by providing your business with the capital it needs to fund growth and increase profits.

2. Peace of mind

It’s a huge relief to know money is available to sustain your business when cashflow is tight. You’ll be able to meet your commitments without worry.

3. More free time

Invoice finance enables you to work smarter, not harder. It’s a quick, flexible and simple solution to your cashflow needs.  You’ll save time by not having to chase your customers to pay their bills. You can concentrate on the big picture with more time to spend with friends and family.

4. Sense of independence and freedom

You may never need to go cap in hand to your bank manager ever again.  You don’t need to extemd your overdraft or line of credit or risk an embarrasing knockback.

5. Seperate your business and personal affairs

By using invoice finance you avoid having to tip your savings into your business, or use your house as security to obtain funds.

Business gains

1. Debt Free Finance

Invoice finance isn’t a loan. It is a straightforward transaction. It doesn’t appear on your balance sheet as a debt. That makes it easier to actually get a loan, or sell your business when the time comes.

2. Unlimited capital

Invoice finance grows with your sales.  The more sales you make, the greater the amount of funds which are available.

3. Immediate cash

You can have cash in your bank account within 24 hours of asking once you have an established account.

4. Unrestricted use of funds

You can use the money for any purpose.

5. Avoid Credit Issues

By selling an invoice you’ll ensure that you’ll be able to meet your commitments on time. You’ll reduce the risk of an unfortunate blemish on your credit file. And, your suppliers will love you if you can pay for goods and services quickly.

6. Reduce Costs

If you can pay for goods on delivery your suppliers may provide you with discounts which cover the cost of the invoice finance.

7. Competitive Edge

You can beat off the opposition by offering potential customers extended repayment terms knowing you’ll obtain invoice finance almost immediately.

8. Customized funding

You decide when to sell an invoice or how many.

9. Easy and Fast

It is easier to obtain funds because invoice finance companies focus on the strength of your customer rather than your balance sheet, or how long you have been in business.

10. No contracts

Single invoice finance is a one off transaction. There are no handcuffs and no hidden fees.

To discuss this further call me on the 1300 430 076 or to learn more about how invoice finance works and how it can improve your bottom line watch our other videos.