BCashflow Positive / Blog

Debt Factoring – A great alternative finance option

Jun 27 2018

Poor cash flow can pose significant challenges for any business. BCashflow Positive’s debt factoring can improve your business cash flow by injecting immediate cash into your business.  It is a great alternative finance option for businesses needing additional working capital to finance growth and to keep on top of operating expenses.

Australia’s demand for alternative finance continues to rise

According to a study conducted by KPMG, Australia’s alternative finance market has grown to be the second largest in the Asia Pacific just behind China.

Invoice trading is also known as debt factoring in Australia was up by 24 per cent to US$129.91m in 2016.

What is debt factoring?

Debt factoring allows your business to finance your sales invoices instead of waiting up to 90 days for your clients to pay. The factoring company pays you a portion of the total amount owed on your invoices allowing you to instantly improve your cash flow.

How does debt factoring work with BCashflow Positive?

Convert your invoices into cash in three very simple steps:

1. Send us copies of invoices you would like us to fund.

2. We will verify your invoices for accuracy and transfer up to 90 of the invoice value to your nominated bank account within 4 hours.

3. Receive the remaining 10% less any fees accrued when your customer pays us.

What are the benefits of debt factoring with BCashflow Positive?

With Banks tightening their credit policies, debt factoring with BCashflow Positive can be a flexible alternative finance option. There is no property security required, no quarterly audits, fast approval within 48 hours, and funding can occur in as quick as 4 hours.

Debt factoring can help your business cover the gap of slow payments from clients, finance growth by improving cash flow and working capital and keep on top of ongoing expenses like wages and ATO obligations.

How much does debt factoring cost?

At BCashflow Positive, we pride ourselves on having a transparent fee structure. We are completely upfront about our fees from the very beginning, ensuring there are no surprises. Our fee is 1.8% for the first 30 days and then 0.06% for each day after that, for up to 90 days. Give our fee & funding calculator a try now.

Improve your business cash flow with debt factoring today

Call us on 1300 937 292 or fill out our quick contact form and we will be in touch in 1 hour.

What Our Clients Say

"We used BCashflow Positive when our bankers didn't want to know us, as we operate in an industry that was going to be affected by the introduction of the carbon tax.Traditional lenders were unable to deal with the uncertainty and risks.
BCashflow Positive understood the risk and assisted us with our cash flow, which was great"

Financial Controller, Solar Manufacturing Company, WA

"Getting instant funds from our invoices is crucial to our business success. It means we can pay wages on time and grow our business. The staff are also great to deal with."

Owner, Recruitment, NSW

"We engaged BCashflow Positive to get on top of our ATO obligations. Constant cash flow allows us to meet our operating expenses and grow our business."

Accountant, Earthmoving, QLD

Speak to a cash flow expert

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Call Us: 1300 937 292
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