1. New Business Start-up With Debtor Factoring
by Trade Debtor Finance - FACTORING CONSULTANTS
Raising capital for new business’s is sometimes made easy by the banks. Maintaining cash flow
through the growing faze of the business is a much harder problem to solve. Trade Debtor Finance
Consultants (TDFC) specialises in finding products, such as Debtor Factoring, and lenders to help you
through this part of your business strategy.
TDFC believes this is why Debtor Finance was originally created those 1000s of years ago, believing
the risk was too great for banks and the need was to create cash flow to grow new business to bank
level.
So how does it work. Debtor Finance or Factoring is offering your invoices to a lender and instead of
getting paid in 30 -60 days, the lender verifies the work is complete and offers you a % of those
invoice in 24 hours at a small fee. Once invoices are paid the lender would take their fees and give
you the remaining % of your invoice.
Now that product has been around for centuries. Luckily most lenders have involved from full
service factoring and provided partnership or draw down facilities that work like an overdraft. These
facilities are often much cheaper as they let you run your own business and charge purely a finance
fee, unlike the full service products, you pay for finance, collections, and other admin charges.
TDFC has been now specialising in Debtor Factoring and Factoring for nearly 2 years and remain the
only specialist consulting company in Australia.
2. No matter what business you are or industry you’re in. TDFC will encourage you and your accountant
to give us a ring for some inside knowledge to over 25 lenders and 9 different products at no direct
charge to your firm. Also if you do choose a lender of TDFC’s choice, a consultant will be on hand to
help you through most situations that occur in these facilities. This is not offered by most other
brokers, introduces, or in some cases sales persons in the Factoring industry.
For more information about starting your business off on the right foot with Debtor Finance, please
contact Trade Debtor Finance Consultants today on 1300 008 332. Full references provided with
inquiry if needed.