Access Debtor Finance Facilities For Unpaid Invoices

Immediate Cash Flow Relief.

Debtor finance can be a lifeline for business owners who find themselves in a temporary squeeze, but it can also be a permanent strategy that allows you to focus new revenues, rather than chasing old debts. We all experience the problem of unpaid invoices from time to time. The question is – how much negative energy are you putting into it, and is it worth your time?

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How Debtor Finance Companies Work

Debtor finance companies will buy your aged receivables for a percentage of the dollar. They operate by knowing their success rates in collecting the monies owed, and of course they’re not emotionally involved in the transaction, which makes it an easier process. Loanright compares a range of debtor finance companies across Australia and brokers the very best rates, terms and conditions for you.

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Invoice Finance Factor For Immediate Cash Flow

Also known as Invoice Finance, Debtor Finance turns your outstanding invoices into immediate cash that you can reinvest into your business. If your business has a long working capital cycle, you may be able to use your accounts receivable ledger as collateral to release the cash owed to you.

Upon approval, this convenient and flexible cash can be accessed as required. Perhaps you need to purchase new equipment, prepare your inventory for the upcoming season or produce and sell more goods? Don’t allow unpaid invoices to interrupt your business – access flexible cash with a Debtor Finance facility.

When it comes to Invoice finance, the cash you have access to is determined by, and grows with, your ledger. By comparison, a bank loan or overdraft, facilities are usually limited by the amount of attached security.

Somewhat curious about Invoice Finance? Reach out via phone, or enquire online to learn more and a confidential discussion.

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Choose Loanright As your Finance Partner

  • 100+ Lending Facilities

    We have 100+ lenders to choose from when considering the best invoice finance company to pair your business with. You’ll get the best rates and a service that assists you in the growth of your business.

  • Is Invoice Finance Right For Me?

    Invoice financing isn’t right for every business. You’ll be only getting paid a percentage of the invoices due, because the debtor finance company needs to make a margin too. We negotiate for you, but you also need to consider the importance of the ongoing relationship with your clients, because the debtor finance facility will be firm, yet fair.

  • Stress-free Process

    The pros to Invoice Financing is that you’ll remove a negative part of doing business away from your environment. Once you’ve established a healthy relationship with the debtor finance facility, you’ll simply send the accounts and customer history, and they’ll transfer the money, usually within days.

  • We become your Finance Partner

    As your Sunshine Coast brokerage, when we connect your business with a. finance facility, it’s not a set & forget scenario. We’ll regularly scan lenders to see if you can get better rates and conditions. We’re your advocate for everything finance-related & find the leverage you need to grow.

The Mortgage Broking Process For Invoice Finance

Getting a home loan isn’t always a walk in the park—it can be a bit of a process, but if you team up with one of our mortgage brokers, we’ll have your back every step of the way, making sure you’re on the right track from the get-go.

  • Initial Chat: We’ll start with a detailed chat to find out what makes your business tick. What are your business goals? What does your cash flow look like? And what is your financial position?
  • Collect your information: We’ll then send you a small checklist and some links to provide the information we need to analyze your options
  • Discuss the options: Next, we’ll show you our findings and discuss the pros and cons of the options available. This may include cash flow modeling and the effects of loan costs on your P&L.
  • Apply for the loan: Once you’ve decided exactly what limit, product, and structure you would prefer, we’ll get to work on arranging your approval.
  • Draw down: Draw downs for Invoice finance work a little different from most other loan types, as you’ll draw your loan down each time you create an invoice. Once your invoice is paid by the debtor, a portion of your loan is paid back. This cycle continues until such time that you no longer require the facility.

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Invoice Finance Support

So here’s how we keep things simple for you.

  • Since Invoice Finance is an un-regulated finance product and security is taken over the invoices themselves, the application process is usually pretty simple. We have plenty of experience in these loan types and will make sure we take your loan to a lender that wants to work with you.
  • Invoice Finance is a unique loan product. While it has its benefits, it also comes with very different fee structures. We’ll make sure you have a good understanding of these so that you can factor the costs into your business.
  • Once your facility is approved, your accounts team will need some guidance on how to manage the invoices and draw funds down from your facility. We’ll make sure they have all the help they need so that payments aren’t missed, and you can focus on running your business.
  • Invoice finance is often seen as a short-term solution. If your business is profitable, then it’s only a matter of time before your working capital catches up with your cash flow requirements. We’ll be here to analyze the numbers with you and make sure your business is comfortable without the facitiy before you finalise the loan.

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How Can Invoice Finance Help Your Business Growth?

Invoice finance can provide an almost immediate working capital injection for your business. This may be used to fund new jobs, clear ATO debt for future loan applications, buying stock, or covering wages. Working capital requirements are often quite high for rapidly growing businesses. If your business is growing fast, it may be worth chatting with us to see if Invoice Finance is a good solution for you.

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Why Team Up With A Broker For Invoice Finance?

Invoice Finance facilities are offered by some of the majors. However, these banks often require full vision on your trading figures and will generally want to hold property as security and take on any external lending facilities. We also have access to non-bank lenders who work specifically in the Invoice Finance space. Their approval process is fast. They won’t want to use your property as security, and their systems and processes are set up specifically to make sure that the ongoing management of your drawdowns and payments is smooth and simple. You don’t necessarily pay more for these lenders, and you don’t have to provide your organs in order to get the loan set.

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Customer Reviews & Comments

Instead of talking our finance brokers up, please read our customer reviews left by customers after using our service. This is a direct feed from our Google business reviews, so you know they are 100% genuine.

Mellissa Lambert
17/1/2024

We’ve used the expertise of Luke, Shayna and the Loanright team on two separate occasions now, I must say their service is second to none and they get the job done In record time. No question was too silly, they always have time for us. Would use again and recommend in a heart beat to anyone else needing brokerage assistance. Many thanks.

Rachel Clifford
2/1/2024

The team at Loanright did an amazing job helping us work out our plan to purchase a property all the way through to making our loan happen. They are reliable, friendly, approachable, very informative and supportive and worked really hard to make things happen for us. So grateful for their help. Would recommend them to anyone.

Meghan Baker
15/12/2023

Shayna and Luke have been so helpful in helping us to secure our first home loan. Shayna took her time in answering my many many questions and guided us through the process. Would happily recommend the Loan Right team to anyone.

Michael Cross
1/12/2023

Luke and the team at Loanright are absolutely awesome. We couldn’t be more happy with the service we received throughout the whole process of purchasing an investment property. The team make it such an easy event whilst being very professional. Thanks guys

Shannon Blennerhassett
22/10/2023

Luke, Shayna and Deb as such a professional team. We never had any questions left unanswered and were always updated. We had circumstances change several times but nothing was to much for them to give us new information. Will definitely use them again.

Bethany Taylor
4/8/2023

Luke and his team are amazing. They helped me through a particularly tricky application process and managed to secure me an incredible result, and I couldn’t be happier. Big thank you to Deb and Shayna as well. Highly recommend these guys!

Jacinta King
26/7/2023

Have used Loanright for a few years now. They have been able to get us loans in difficult circumstances including being directors of company’s which is notoriously harder to get. So grateful for all the advice from Luke and his team.

Get In Touch With A Broker Near You

If you’d like more information about how to use finance to grow your business, then reach out and our commercial finance team will happily assist. Whether you’re in the market for vehicle finance, or specialist equipment, we have 100+ lending partners to choose from. You’ll be tapping into Australia’s largest network of banks and lenders.

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