Classic Funding Group is on a winner by promising that all client facilities are confidential. Many businesses fear their customers will lose confidence in them if their financing arrangements are disclosed. The promise of privacy therefore, Read More …
The cost of your debtor finance facility will be determined by three factors. 1. Your Business. Lenders like to invest in strong businesses with potential for growth. If that’s you, they will compete aggressively for Read More …
Debtors can come up with some pretty creative excuses when explaining why they haven’t paid a bill. These are my favourites from a list of 101 whoppers collected by an answering service in the U.S. Read More …
Invoice payment times have slowed to their lowest rate in 3 years, according to Dun & Bradstreet. The slow down is the most pronounced since 2011 with business to business payments averaging 56 days in Read More …
Debtor Finance is a solution many start up companies use to get on track. For example, a start up engineering firm in Brisbane was offered a large contract providing maintenance services to a multinational company. Read More …
Many labour hire companies use debtor and invoice finance to cope with sudden spikes in demand. One company in Tasmania , which provides services to the mining and energy sectors, found that almost overnight its Read More …
Debtor and invoice finance is a staple of the plant hire industry which is renowned for lumpy cash flow. A good example is a WA based crane hire company which found itself in need of Read More …