Establish your business requirements
Contact our principal broker Brin Hayden to discuss your business circumstances and begin the process. We’ll source a suitable factoring company for your needs and ensure all your crucial information is in order to secure the funding you need.
Organise and lodge documentation online
Finance providers will require solid invoices and an accurate, up-to-date view of your accounts receivable ledger to prove the creditworthiness of your business. These will include a review of revenues, profits, cash flow, existing debt levels, and how long you’ve been established. In addition to the usual business loan supporting documents, we will need to provide:
- A valid ACN
- Accounts receivable ledger from your management accounting software
- Your trading accounts for the last 12 months
- Examples of your previous 12 months invoices
- Demonstration that your invoicing systems are secure and robust
Gain approval and secure funding
With our guidance we can source a provider, assemble your application in as little as 5 business days. Funds will be available within 24 hours of application approval.
Need other options? We got you covered! In addition to debtor finance, we also offer insurance premium funding, trade finance, equipment and asset finance, commercial hire purchase, and more.