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IN AUSTRALIA, the average time taken for invoices to be paid is 53 days. The long wait for payment can stop businesses from making investments
The OptiPay blog is a useful resource to assist you fully appreciate the benefits of innovative business
funding solutions. We post regular contributions from business leaders, as well as case studies, industry
news, and tips and tools from our OptyiPay experts. John Test
IN AUSTRALIA, the average time taken for invoices to be paid is 53 days. The long wait for payment can stop businesses from making investments
As odd as it sounds, more sales, greater revenue and faster growth can pose real dangers to Australian businesses in 2015. As your business grows,
IF YOUR business is waiting longer for invoices to be paid in 2015, you’re not alone. Australia’s small and medium businesses are being forced to
WHILE Australian SMEs are increasingly using invoice finance to improve working capital and grow their businesses, common misconceptions remain about how fees are calculated. One
PLANT hire and civil construction companies operate in industries notorious for long invoice payments terms. They are often at the bottom of the food chain
Myth 1. Invoice finance hurts your income The truth: Importantly, an invoice finance service fee is not an annualised interest rate. Our fee stops the
1. What size does an invoice need to be? An invoice needs to be $5,000 (including GST) or greater with no limit to the size
Invoice Finance for Trade Contractors – A Case Study BEING paid is always a challenge in the construction industry, especially for subcontractors who have to
RUNNING a commercial cleaning business in Australia can deliver high income, especially in the corporate and industrial sectors. However, working with commercial clients has one