Invoice Financing Solutions for a Changing Market

Small and medium sized companies often have difficulty growing their business, especially as much of the cash flow can be tied up in unpaid invoices. Business owners often find themselves faced with wonderful market place opportunities, but then become nervous at the thought of incurring debt and placing their own personal assets at risk in order to realise those opportunities.

When businesses turn to their bank for lines of credit or business loans to sustain or fund business growth, they are often faced with the reality that their financial standing does not fit strategically into the banks’ lending criteria. This becomes more pronounced if they are experiencing cash flow shortages or limited working capital. This is not an indictment or criticism of banks, as they have limitations in their lending practices, but it does limit a business’s expansion plans.

An excellent alternative solution to this problem is debtor finance or invoice finance. Contrary to popular belief that invoice finance is used by companies in financial trouble, it can help businesses use its sales as leverage to generate the capital demanded by (and prerequisite for) rapid growth and provides a steady and flexible source of funds. It is a process to grow your business. It is not a loan or an overdraft.

“Businesses which sell their goods or services to other businesses on credit terms, for example thirty days or sixty days, will have difficulty expanding,” said Darin Hindmarsh, Managing Director of Intellichoice.

“But, with invoice finance, if you know you can get paid as soon as the deal is done, and you can have most of it dropped in your account the following day, it can really give small and medium sized businesses peace of mind.”

Invoice finance can help you:

• Obtain maximum financial backing for growth and expansion
• Instantly convert invoices into working capital
• Satisfy subcontractor and job-related expenses
• Enjoy tailored solutions ideal for your needs
• Avoid long-term commitments

With access to all major mortgage lenders in Australia and a wide variety of debtor finance or invoice finance products, our Australian mortgage brokers will do all the comparisons and legwork for you to ensure that you obtain an invoice finance solution that suits your needs. Intellichoice has a network of experienced mortgage brokers who can advise you on how invoice finance can help you take control of the business cash cycle without creating further debt for the business.

Make the intelligent choice. Visit www.intellichoice.com.au and contact the mortgage brokers at Intellichoice on 1300 55 10 45 or info@intellichoice.com.au to see if Invoice Financing is right for you.

Visit us at: www.intellichoice.com.au

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