This can be a game changer for Business. It allows your business to finance against its accounts receivables. This lets you improve your working capital and ensure a constant working cash flow.
WHAT IS DEBTOR FINANCE AND IS IT SUITABLE FOR MY BUSINESS?
Debtor Finance is, quite simply, a line of credit linked to and secured by your outstanding accounts receivable.
If your business supplies products or services to other businesses on standard trade credit terms, Debtor Finance can help.
Business borrowing is complex and depends upon a number of factors, such as presentation of a transaction and banks exposure to similar lending. With the support and advice from Correct Finance, you can focus on your core business whilst our specialists work out which institution suit your needs.
Products available include -Working capital, vehicle & equipment, Business acquisition, Franchises, Commercial property development & investment, cash flow management options and Debtor financing. Our panel of lenders is extensive and at times industry specific.