To be eligible : Your company must be an Australian entity (with an ACN) and selling products/services to other companies, most suitable to mid- to larger sized businesses with revenues exceeding $1m per annum.
Our product is intended for general corporate purposes. Whether you use it to onboard new clients, extend payment terms for existing clients or buy new machinery, it is entirely up to you. We do not pose any restrictions for the use of the financing.
Your credit limit is determined by the total value of your eligible outstanding invoices combined the level of funding required. Our team will chat to you about the appropriate level of credit during the assessment and approval stage.
Contrary to classic factoring, you remain in full control of your accounts receivable. We offer financing against a much wider range of receivables and have transparent pricing structure, with no hidden fees.
Our interest rate is a highly competitive single-digit rate, tailored to your business. Get in touch and we will give you a competitive rate to suit you and your business.
No, the loan is intended for general corporate purposes. Whether you use it to onboard new clients, extend payment terms for existing clients or buy new machinery, it is entirely up to you.