Video Transcript
One of our clients, well one of the industries that’s predisposed to needing cash flow finance is labour hire. Because they have to pay their contractors every week, typically on a Wednesday night, but they may not see the cash flow from the invoices that they issue to their clients, who are using the labour, for between 30 and 60 days. So that is very very expensive, very constricting on their ability to grow a business if they don’t have a big balance sheet to fund that. We’ve got several clients in that space we’ve got one that was a startup, they came to us and they said we’re leaving a big labour hire firm to start our own one and we know we needed invoice finance from day one, can you service us? And so we’ve taken them on and from day one – they you know they had 6 consultants and now they’ve got about 30. And that was in a three-month process, there is no way they could’ve grown to that without cash flow funding.
Who is OptiPay?
OptiPay, one of Australia’s leading business finance providers, has been dedicated to helping small business owners solve cash flow challenges for over a decade and has provided $1.5 billion in business funding to more than 500 Australian businesses. OptiPay specialises in modern financing solutions such as invoice factoring, invoice finance, debtor finance, and lines of credit. OptiPay’s mission is to support business growth providing liquidity in as little as 24 hours, ensuring they have access to tomorrow’s cash flow today. This rapid access to funds helps businesses maintain smooth operations and seize growth opportunities without the stress of cash flow constraints. At OptiPay, we believe that healthy cash flow is the lifeblood of any successful business. Our commitment to helping businesses overcome financial hurdles and achieve their growth ambitions has solidified our reputation as a trusted partner in the business finance sector. Whether you are looking to stabilise your cash flow, expand your operations, or navigate financial challenges, OptiPay is here to support your journey with innovative and efficient financing solutions.
