When you’re starting up a business, growth is everything. But there comes a point where too much expansion too quickly can be overwhelming and cash flow problems start to make day to day business life difficult.
Business owners will reach a point where they need to consider financing in order to bridge that gap.
Businesses reject bank loans
Traditionally, many businesses have applied for a bank loan but the problem here is timing. A recent report from Judo Bank found banks take on average 42 days to discharge loans when an SME switches lenders. A growing business needs access to money quickly.
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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.
