+ What are the signs of needing Invoice Finance?
Have you ever though or said:
“I wish my customers paid on time.”
“The ATO needs paying and I’m worried.”
“My customers keep asking for credit terms but I can’t afford it and I’m losing sales. “
“I could get great discounts from my suppliers if I could only pay them earlier.”
“My spouse hates having our home on the line for the business.”
“There’s a large opportunity available which would take my business to the next level, but I can’t fund it.”
“My largest client just changed their payment terms and now I’m struggling.”
+ What sort of invoices do you buy?
The invoices need to be for goods sold and delivered or work/services completed for other Australian based businesses. Other types of debts, like construction progress claims, may also be suitable.
+ Am I too small?
Invoice Money tailors facilities to suit all business sizes - no one is too big or too small. We have clients who factor a few thousand dollars of invoices once or twice a month, and clients who routinely sell us invoices worth hundreds of thousands of dollars.
+ What will my customers think?
The reality is that debt factoring and invoice finance is a modern, flexible cash flow tool ideally suited to small and medium sized businesses. The chances are your customers already know someone else who is factoring. They are just a part of the $60 Billion in annual turnover that the invoice factoring and invoice discounting industry finances.
+ Do you work with new businesses?
Yes. We specialise in start-up and recently formed businesses, backing you and the quality of your products, just like your customers do.
+ What if I've had problems in the past?
Talk to us. Previous difficulties, or ATO arrears, don't automatically rule you out. We take the time to understand what caused the issues, and we're more concerned to know you've addressed the causes, and you're back on the right track.
+ I'm a sole trader - does that cause any problems?
No. We work with you and the business structure you currently have to generate the cash flow you need.
+ What industries do Invoice Money service?
We work with businesses from a variety of industries such as labour hire, transport, wholesale, trade services and professional services.