Video Transcript
The use of the invoice finance is NOT a sign to your customers that you are struggling financially or doing it tough. In fact, invoice financing arrangements are increasingly common and viewed favourably by large customers. as they have the assurance that your business has the access to cash you’ll need to continue purchasing stock and raw materials to meet your customer supply demands. Growing businesses use invoice finance to fund their expanding operations, not as a last resort to maintain solvency. The old notion of “my debtor will think I’m financially weak and won’t want to deal with me” is 1970s thinking and it’s just absolutely wrong. In fact, in the United States and United Kingdom, large global corporations use invoice financing themselves to access up front cash because the more cash that’s in the system the quicker these businesses can also grow, and invoice finance solves this problem for them. Similarly, creditors will be assured you have the cash to meet your commitments (should they ask you), as opposed to waiting for your customers to pay you and you paying them when they feel like it. This assurance is particularly important in the current environment, where the chance of delayed payments are beginning or worry all businesses in the entire supply chain.
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.