Business Finance

Although there are many methods of securing capital growth, the main methods undertaken by businesses are business loans, unsecured business loans, and invoice financing. Business loans and unsecured business loans have two main similarities; repayment dates and interest rates. Please note, whilst their differences are minute, they are significant. Business loans lock you into a strict repayment contract, whilst unsecured business loans acknowledge the company may not pay it all back – thus, making the later method harder to receive from banks and resulting in a much higher interest rate. Basically, both methods require ‘borrowing’ money, which may be suitable for your small business depending on your short-term and long-term financial plans. However, invoice financing is unique by comparison and a viable solution for instant cash injections over the long term. Why? Because invoice financing doesn’t require your business to ‘borrow money’, its credit-method runs off your outstanding invoices to clients.

OptiPay is a business finance assistant that equips companies to optimise their payments through innovative tools. Dissimilarly to unsecured and secured business loans offered by banks, OptiPay’s modern and flexible funding solution is based on invoice financing – yep, OptiPay gives you the credit you need based on your outstanding invoices. This improves your cash flow without hefty interest rates or strict repayment plans. 

With OptiPay, there are no upfront setup costs or elongated, time consuming application process. You can even apply online with a few clicks. Once your application has been approved, your business has an improved cash flow based on payable outstanding invoices – enabling business development, expansion, and scalability.