Video Transcript
Yes, invoice finance will work for your business if your business satisfies the following criteria and you might well find invoice finance is an excellent solution for your business. Criteria one, your customers are other businesses, in other words, you’re doing B2B transactions. Two, you have more than one customer. Three, you are regularly invoicing those customers. Four, your business has an annual revenue of more than $1.5 million. And five, You’re looking for a facility size of more than $100,000 which typically means you’re making about $80 to $100,000 of sales per month. Now If you’ve already gone down the path of applying for a bank debt, or overdraft with your bank, and you’ve either been declined or the amount they’ve offered you is too small. Then, provided you meet the above criteria, you may still qualify for invoice finance because invoice finance is based on your current sales, not on your past turnover or historical financial performance.
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.
