Factoring of Debtors and Small Business Cashflow Loans

If your business is owed a lot of money for goods or services already invoiced, this can often be turned into money for the business to pay its own bills or for stock and various business expansion activities.

Invoices can be “discounted” by a lender where you are paid a % of the face value owing to you.

This is not a cheap option compared to mortgage loans, but can be very useful for a rapidly growing business where cashflow is being stretched and there is not enough real estate security equity available for a “standard” mortgage loan. A Registered Debenture Charge over the company business assets is usually taken in lieu of any real estate security.

Unsecured loans

Some new online business lenders provide unsecured loans based on company/business cashflow and credit history. These loans are industry based and may be used for business expansion, stock purchases etc.

We are accredited to lodge applications on our clients’ behalf for this type of loan.  Some of these are made online so it is paramount for the business that the person answering the questions is experienced and fully understand both the business and the lender’s requirements or this could result in a poor outcome.

Decisions and funding are made much quicker than with traditional banks and are priced according to the assessed risk by the lender.

Please contact us with your details, for more information.

Ready to get started? Get in touch with Philip Pay on 0439 400 497 or email to find out how Finance Consulting Group can support your loan application.