Get the cash flow you need to help your business grow.
OptiPay provides a range of Fast, Flexible, Fair, and Affordable financing solutions to help Australian businesses solve their cash flow challenges.
Find the optimal funding solution for your business with OptiPay.
We turn your invoices into cash in as little as 24 hours, even if they are not due for up to 90 days.
When it comes to your money you want to deal with a real person who really gets it and we do.
With a range of funding solutions to choose from, we have the solution for your business.
We’re always transparent, with no hidden fees. We only get paid once you’ve been paid.
No application fees, and no property security required.
OptiPay is one of Australia’s leading business finance providers. With almost a decade of experience structuring cash flow funding solutions worth over a billion dollars to hundreds of Australian companies, we have learnt a thing or two about how to optimise the working capital cycle and solve cash flow challenges for businesses, in order to help them grow.
Always innovating, we continue to look for new solutions to help businesses overcome the challenge of smoothing cash flow. OptiPay has structured specialist invoice financing and tailored funding solutions for businesses in the manufacturing, wholesale trade, NDIS, labour hire, transportation & logistics, professional services, and many other industries. Whatever your business finance needs, OptiPay will have the optimal solution — without the need for personal property security and generally without recourse to your business with the implementation of our market leading trade credit insurance to protect your business in the event of your customers insolvency.
Smart and innovative, business finance is simply better with OptiPay!
Then talk to an OptiPay expert today and let us get to work structuring the optimal, cost effective funding solution for your business.
When your business delivers goods or services to your customers and you raise invoices for these goods – this allows a funder like OptiPay to advance you up to 90% of the invoice(s) value in as little as 24 hours, instead of waiting 30 to 90+ days for your invoices to be paid. It’s similar to offering a discount on your invoice to a customer if they paid you cash-on-delivery, but as we know, offering customers discounts to speed up payment rarely works.
With OptiPay’s Invoice Financing solution, you are able to raise funds for your business without the need to give any property security. It’s simple, fast and the amount you can access will grow as your business grows and you invoice more.
The total amount of your facility will depend on the specific circumstances of your business. We consider a variety of factors to determine the health of your business, suffice to say that we are in many cases able to advance up to 90% of your revenue (being your invoice value) at any given time. We look to advance amounts of between $100,000 and $3.0 million to businesses, at any given time.
When you apply, we will assess the risk profile of your business and provide you with a customised offer including the facility amount, facility term, and discount rates. The charges will vary based on things like your industry, how long you’ve been in business, the profile of your clients and the health of your business.
We do not charge any upfront origination or application fees. There are no hidden fees for our funding solutions, and you’ll know exactly how much you need to pay and when. Unlike a business loan there is no principal and interest payments as we are not providing you with a loan, we are simply advancing you your money based on the value of the invoices you have issued to your customers, which we charge a small discount fee on. This fee can range from as little as 0.75% to 3.5% of the value of your invoice. Think of it as giving an early settlement discount to a customer for them paying you in 24 hours – same concept.
If you wish to receive your individualised rate from OptiPay, please call us on 1300 694 686 or complete our easy online application.
The short answer is ‘no’!
OptiPay considers the health of your business to determine creditworthiness, more specifically your debtors ledger.
This is probably one of the biggest misnomers in Australia and cannot be further from the truth. If anything, your customers would have comfort knowing that you have a financial backer, providing you with the funds required to purchase your stock, pay your wages, etc. in order to deliver your goods on time and as expected. In fact, it should provide them comfort that you are getting financial stability.
This notion is the old perception of factoring – which many years ago was provided to businesses going backwards. OptiPay does not provide factoring solutions.
Most large business have loans from their banks and overdrafts, if you knew they had such debts would you feel uncomfortable? Probably not as it means they are optimising their balance sheets (like you) by utilising 3rd party funds to continue growing. In the UK and USA, invoice financing is the go-to funding solution for small and medium and even large businesses, due to its flexibility, cheap funding costs, and simplicity.
This is Paul, he is one of the directors of UVS, a labour-hire provider to the construction industry. Here’s what he has to say about how OptiPay was able to help his business grow and succeed. Contact an OptiPay expert today to see how we can help you.
OptiPay offers several different funding solutions and services, one or more of which charges no interest and has no long lock in contract period, called the Fully Flexible funding option. Conditions, fees and charges apply to some of the Services provided, which may change, or we may introduce new ones in the future. Full details for all funding options (Services) including any fees and charges which may apply, is available on request. Lending criteria apply to approval of credit products. This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the funding agreements provided, for your selected funding solution (product/service), including all the Terms and Conditions contained in agreements provided, before proceeding. *T&Cs: Minimum 12-month invoice funding contract with OptiPay. Direct clients only, offer doesn’t apply to broker introduced clients. All standard credit terms and conditions apply including credit assessment. Not applicable to existing clients.