Smart funding coupled with OptiPaySecure™ helps growing business
Our new client had been funding just nine weeks, they were a start-up but had good contracts in place. However they had been overweight with two debtors representing 58% of their business ledger. Whilst most of their debtors paid within terms, one had been pushing the relationship and ultimately the debtor went into liquidation owing […]
What Happens When a Client Just Won’t Pay?
Having taken a look at the issue of late paying clients last week, it’s time to consider the worst case scenario: what happens if a client just won’t pay an invoice? We’re not talking about late payments here as we already know that some big businesses will withhold payments for as long as they can. Often […]
What to do with Unpaid Invoices
Small businesses can only deal with so much when it comes to unsettled or unpaid invoices owed by slow-paying clients. Working with slow-paying clients affects the working capital cycle of a business and dramatically slows the ability to grow. Sluggish payments will impact your business and if not managed correctly, could drive you out of […]
IP for SMEs
Intellectual Property is not just for big business. Any products that you have designed, processes that you do uniquely, or brands that you have built up can constitute valuable intellectual property and can be an important asset for your business. It’s therefore crucial to understand what your IP is, and protect it accordingly. There are […]
Outstanding Tax Liabilities Need Not Be An Obstacle to Business Funding
Owing the ATO For small to medium size businesses, that trades month to month and has working capital fluctuations, it’s often not too difficult to end up in a situation where the business is unable to pay its ATO bill. If this is the case, the taxman will usually look to put a plan in […]
Why Invoice Financing Is Better Than a Business Loan
As an Australian business owner, you could turn to the banks or various Fintech business loan providers for your short-term financing needs. Either way did you know there is another viable option to solve your cash flow issues? It’s called Invoice financing and it provides an invaluable support mechanism for growing businesses. Minor cash flow […]
104% pa improvement in business turnover and a massive uplift in profit through the correct implementation of OptiPay’s. Accelerator and Accelerator Plus innovative funding!
Revolving, unsecured, protected and very very smart! Our new client provides a range of concrete products to the CIVIL Construction industry via an extensive supply chain and significant sub-contractor base. The client had an existing facility with a 1st tier bank, debtor finance and a range of secured facilities. The client was increasingly frustrated by […]
Invoice Financing solution for Small Businesses
Many small-business owners will be keeping an eye on their ongoing cash flow. After all, cash flow is among the most important indicators of success and is a vital aspect of business financing. Fortunately for companies that there are looking to grow their business and support their cash flow, there are a number of different […]
How to manage cash flow when your business is expanding
Growth and expansion is the goal of every small business owner or start-up entrepreneur. Every large corporation today has initially started out as a small local business, only to grow and expand over the years. However, expansion can present challenges, particularly in the area of cash flow. More than half of new businesses are prone […]
THE SECRET to small business success: 5 Advantages of using invoice financing
1. Feel Comfortable About Full-Sized Projects Small businesses carry a lot of cost on big jobs and payment is frequently slow when there’s a big corporate involved. That’s a bad combination. Invoice financing allows businesses to take on potentially rewarding contracts without getting stretched too thin, by getting up to 85% of your outstanding invoices […]