Invoice Finance

Also known as Invoice or Debtor Finance

Many small businesses in Cairns find the 30-90 day payment period options expected by big businesses difficult to manage at times. Invoice financing is an effective way of helping to maintain a steady cashflow, and has benefits over lines of credit and bank loans.

Essentially, the business’s lender provides a percentage of money based on invoices due, with the remaining balance being repaid to the lender once the funds have been received by the business.

Lenders will view the money owed as an asset, making the process relatively simple and flexible for many small businesses.