Raising capital for new business's is sometimes made easy by the banks. Maintaining cash flow through the growing faze of the business is a much harder problem to solve.Trade Debtor Finance Consultants (TDFC) specialises in finding products and lenders to help you through this part of your business strategy.
TDFC believes this why Debtor Finance was originally created those 1000s of years ago, believing the risk was too great for banks and the need was to create cash flow to grow new business to bank level.
So how does it work. Debtor Finance or Factoring is offering your invoices to a lender and instead of getting paid in a lender and instead of getting paid in 30 -60 days, the lender verifies the work is complete and offers you a % of those invoices in 24 hours at a small fee. Once invoices are paid the lender would take their fees and give you the remaining % of your invoice.
Now that product has been around for centuries. Luckily most lenders have involved from full service factoring and provided partnership or draw down facilities that work like an overdraft.
These facilities are often much cheaper as they let you run your own business and charge purely a finance fee, unlike the full service products, you pay for finance, collections, and other admin charges.
TDFC has been now specialising in Debtor Finance and Factoring for nearly 2 years and remain the only specialist consulting company in Australia.
No matter what business you are or industry you're in, TDFC will encourage you and your accountant to gives us a ring for some inside knowledge to over 25 lenders and 9 different products at no direct charge to your firm. Also if you do choose a lender of TDFC's choice, a consultant will be on hand to help you through most situations that occur in these facilities. This is not offered by most brokers, introduces, or in some cases sales persons in the Factoring Industry.
For more information about starting your business off on the right foot with Debtor Finance, please contact Trade Debtor Finance Consultants today. Full references provided with inquiry if needed.
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