Unlock Business Growth with Invoice Finance

Need finance to grow your business? Constrained by equity? Bank being painful? No security?

No problem

There are numerous lenders (including banks) that will lend against the value of invoices.

Lets say you have $50,000 in invoices to issue

You can borrow 80% of this value - $40,000 – to help purchase supplies, pay staff, cover the ATO etc all while you wait on your client to pay

The client pays the invoice, you repay the lender and hold the surplus – and then you can go again

The benefits of invoice finance?

• Its fast
• It grows in line with your business growth
• It keeps your business pumped with cash
• It doesn’t require any security apart from your invoices and usually a charge over the business
• Debt pays out as the invoices are paid

Eligibility

• Company borrower
• Trade invoices (not contract work)
• Usually business to business invoices

Availability

• Pretty good! Banks offer invoice finance and there are plenty of specialist lenders that just do invoice finance

Get in contact with us today at North Coast Lending to see how we can help you grow your business.

Business lenders & mortgage brokers located on the Coffs Coast, servicing people & businesses Australia wide.