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Find the optimal funding solution for your business now with OptiPay.
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OptiPay specialises in providing funding solutions for the labour hire and recruitment industry, because we understand that better cash flow gives you the confidence and the resources to take advantage of growth opportunities — without worrying about how to cover additional costs.
Speak to OptiPay today about the right funding solution to optimise your business’ working capital cycle.
When people are the lifeblood of your business, as they are in Labour Hire, they must be looked after, which means as the most important expense, wages need to be paid regularly and dependably. But if your clients are not paying you for the use of your labour force for another 30 to 60 days, you are faced with a cash flow timing issue as expenses can quickly get ahead of revenues, especially in times of growth.
To be a successful recruitment business you need a sound cash flow strategy to offset the discrepancy between when you are paying wages, and when you are receiving payment on customer invoices.
OptiPay will give you up to 90% of the invoice value as cash within 24 hours of delivery of the product to your buyer. Learn More
Pay your suppliers now with OptiPay and make repayment in 90 days. Learn More
Fund the purchase of stock and pay OptiPay when you sell the product. Learn More
A revolving Line of Credit that can be used to pay suppliers, sub-contractors or other creditors with flexible repayment periods tailored to suit your businesses cash cycle without the need for property security. Learn More
OptiPay offers several different funding solutions and services, one or more of which charges no interest and has no long lock in contract period, called the Fully Flexible funding option. Conditions, fees and charges apply to some of the Services provided, which may change, or we may introduce new ones in the future. Full details for all funding options (Services) including any fees and charges which may apply, is available on request. Lending criteria apply to approval of credit products. This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the funding agreements provided, for your selected funding solution (product/service), including all the Terms and Conditions contained in agreements provided, before proceeding. *T&Cs: Minimum 12-month invoice funding contract with OptiPay. Direct clients only, offer doesn’t apply to broker introduced clients. All standard credit terms and conditions apply including credit assessment. Not applicable to existing clients.