Debtor Finance
Debtor Finance is a viable option for any business selling products or services to other businesses on standard trade/credit terms.
Debtor Finance provides your business with cash, by allowing you to raise finance from the unpaid invoices owed to you. This immediate flow of cash against the value of your outstanding invoices can help improve your immediate business prospects and allow it to grow.
As you raise an invoice, up to 80% of the value of that invoice can be released to you within 24 hours. The remaining percentage is paid to you, less a service fee, once payment is received from your customers.
Your business will have continuous access to an ongoing supply of cash that is linked to your sales. This enables your business to grow and as it does, so does the amount of funding available to you.
These finances are available to sole traders, partnerships, family trusts, propriety limited and publicly listed companies and is used in a variety of situations, though mainly for working capital. Other scenarios include support for business turnarounds and as a line of funding in management buy-outs and business acquisitions.
There are many benefits, not least that the finance available grows in line with your business, and in most instances there is no requirement for real estate security. This compares very favourably with traditional overdraft style bank funding which tends to set a monetary limit linked to the security value in your property.
How it works:
1: You deliver goods or provide services to your customer
2: You invoice your customer and send a copy to us
3: We will advance you the pre-agreed percentage value of the invoice, usually the next day
4: We then collect the outstanding debt
5: We take out our fees and pay you the balance of the invoice value.
See the different options outlined and pick the one that
best suits your business situation.
Full Service
An ideal facility for small to medium sized businesses selling goods or services to commercial customers on credit terms. We advance up to 80% of the value of the invoice raised, within 24 hours, and follow that up with a professional collections service. Once the invoice has been paid we advance the remaining 20% less our charges.
Click here for more information about how the Full Service facility works.
Own Service
For those who prefer to maintain regular telephone contact with their customers and perform their own collections service.
We advance up to 80% of the value of invoices raised whilst maintaining a full sales ledger and taking receipt of collections and remittances on our client's behalf. Monthly statements are issued to all live customers to complement the client's collections activity and our full collections service is available should any invoices become significantly overdue.
Click here for more information about how the Own Service facility works.
Confidential Service
For businesses that might not meet typical Invoice Discounting criteria, but where it is preferable for our involvement to remain undisclosed. We maintain a copy of your sales ledger, but all collections activity remains with you, our client, with inward payments being processed through a dedicated Cashflow Finance bank account.
Click here for more information about how the Confidential Service works.
Application for Funding
There are two versions of our application
form
available to download.
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If you don't have a Adobe PDF Reader
click the icon below for a free download
A Testimonial...
'We made a decision to look at debtor finance through Cashflow at the suggestion from our accountant. Although our bank suggested we use their processes we decided to use Cashflow instead.
We have found better flexibility, accounting information and better debt recovery as a direct result of using Cashflow invoice financing. There is no requirement to have real estate or other collateral as guarantee. Our cashflow in the business has improved.
Bruce Meridith is available to answer our questions, sort out any problems and works with our accountant and office manager to achieve best results
Cashflow are very professional in their business dealings with us and any issues are soon addressed and resolved. I cannot recommend this company more highly to any business looking to go down this path of finance.'
Heavy Vehicle Maintenance Client
