Invoice Factoring

Need help with your cash flow but are fed up with the painful finance negotiations? Hate going cap in hand to the bank or can’t stand being locked into unfair finance contracts? Then you’ll love OptiPay Australia’s leading flexible business funding provider. Get immediate cash for your business from $100,000 to $5,000,000.

What is Invoice Factoring?

Invoice Factoring is a type of debtor/invoice finance in which a business sells its accounts receivables ledger (invoices) to a third party (in this instance OptiPay) in return for receiving up to 90% of the invoice values in cash, with the balance to be received when your debtor pays (as per their normal 30 to 60+ days trading terms).

Invoice Factoring is commonly referred to as accounts receivable factoring, invoice factoring, invoice finance, debtor finance and even accounts receivable financing or invoice discounting.

The True Difference Between Factoring and Invoice Discounting

Factoring and Invoice Discounting are both financial services that can release the funds tied up in your unpaid invoices.

Strictly speaking, the difference between Factoring and Invoice Discounting lies in who takes control of your account receivables ledger and responsibility for collecting the monies from your debtors.

With Factoring, the provider of the upfront funds takes the role of managing your
account receivables ledger, credit control and chasing customers for settlement of their invoices.

OptiPay does not do this.

With Invoice Discounting, provided by OptiPay your business retains full control of its own debtors ledger and you collect payment in the usual way.

Quick Online Enquiry

It will only take a few seconds & will not affect your credit rating.
Note: OptiPay funding solutions are only suitable for businesses with annual revenues of $1m+ per annum.

As featured In

Benefits of Factoring
and Invoice Discounting

Likewise, Factoring and Invoice
Discounting are useful options for:

Who uses Factoring and Invoice Discounting?

Factoring and Invoice Discounting are particularly suited to businesses in areas such as:

OptiPay Funding Process

5 simple steps to secure funding

Quick same-day setup

Select your invoices and upload

Due diligence

Access up to 90% of your cash up front

Access balance of cash

Here’s why Our Clients choose OptiPay

This is Paul, he is one of the directors of UVS, a labour-hire provider to the construction industry. Here’s what he has to say about how OptiPay was able to help his business grow and succeed. Contact an OptiPay expert today to see how we can help you.

Play Video

OptiPay’s offering

At OptiPay, our invoice discounting solutions allow your business to get an advance against your accounts receivables ledger – either on a selective or whole ledger basis.

It’s quick and easy to access funds, which means you can get the cash flow you need to get on with business.

With OptiPay you get:

OptiPay Platform Integrations

OptiPay’s accounting interface is quick to setup and integrates seamlessly with your accounting software to help to manage your money and pay suppliers.
OptiPay Cash Flow Finder