What is Debtor Finance and how can it help my business?

Are you tired of waiting for payment on outstanding invoices?

At Mortgage Choice in Perth, we can help fix your frustrations over cash flow and outstanding invoice payments with our simple Full Service Debtor Finance solution. 

Our Full Service Debtor Finance solution helps you improve your business' cash flow by providing an immediate advance of cash against your outstanding invoices. 

So how does Debtor Finance work?

  • Step 1: You provide your product or service to your client
  • Step 2: You then send an invoice to your client, and send a copy to our team
  • Step 3: Our team will advance you up to 80% of the value of the invoice within 24 hours
  • Step 4: You get immediate use of the money so you can then pay suppliers, staff and taxes
  • Step 5: Our team will wait to get paid by your client
  • Step 6: Once your client's payment comes through, the remaining 20% is paid to you (less a small fee)

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What are the benefits of Debtor Finance?

  • You can avoid putting on collection staff
  • Debtor Finance is fast - you can receive the funds within 24 hours
  • You will have a better collection of accounts by utilising expert credit staff and systems
  • You could increase your business' profits by increasing productions
  • You can receive quick payments from debtor invoices without having to offer any discounts or incentives
  • Keep on top of your ongoing business expenses with a healthy cash flow

Contact our team at Mortgage Choice in Perth on (08) 9485 0090, to help your business achieve reliable and stable cash flow through Debtor Finance. 

Rebecca Wilson, 

rebecca.wilson@mortgagechoice.com.au

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