BCashflow Positive / Blog

What Is Invoice Finance?

Nov 29 2017

Definition of invoice finance

Invoice finance allows you to unlock immediate cash from your sales invoices instead of waiting up to 90 days for your clients to pay. Similar to a line of credit secured by your accounts receivable, you can convert your invoices into cash in as quick as 24 hours.

How does invoice finance work with BCashflow Positive?

1. Invoice your clients for the sale of goods or services and send BCashflow Positive a copy.

2. BCashflow Positive will credit your account with up to 90% of the invoice value in as quick as 24 hours.

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

What are the benefits of invoice finance for my business?

• With invoice finance, you can unlock cash tied up in your unpaid invoices in as quick as 24 hours.

• Improve your business cash flow allowing you to accelerate growth.

• Cover the gap of slow payments – Don’t wait up to 90 days for payment.

• Funding can increase as your business grows – The more sales you make, the more cash you can get.

• There is no property security or quarterly audits required with BCashflow Positive invoice finance facility.

• Fast 48 hours approval with BCashflow Positive– Not weeks like the banks.

• Spend more time growing your business and leave the follow up of accounts to BCashflow Positive.

How much does invoice finance cost with BCashflow Positive?

At BCashflow Positive we are transparent about fees so there are no surprises.

We charge 1.8% for the first 30 days & 0.06% per day thereafter for up to 90 days.

As an example, if you invoice finance $100,000 in accounts receivable you can receive up to $180,000 in as quick as 24 hours. If the $100,000 were paid after 30 days, the total cost incurred would be $3,600 or 1.8%. Give our fee and funding calculator a go to see how much funding you can get and how much it is going to cost.

Why BCashflow Positive Invoice Finance?

Ready to unlock growth by unlocking cash from your sales invoice? Contact BCashflow Positive on 1300 937 292 today to find out more or apply online today by completing our 3 minutes pre-approval form and get a response within 48 hours.

As Australia’s leading invoice finance company with over 31 years experience, your business is in good hands.

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

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