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Funding for Freight Forwarders and Customs Brokers

1300 694 686
OptiPay is a proud partner of IFCBAA and specialist financiers to the industry.

Balancing the timing difference between having to pay shippers, warehouses, logistics providers, duties, taxes and other expenses with receipt of income from your customers is a challenge. Whether you are a start up or a well established business, being in control of your own cash flow and not relying on the payment cycle of your customers, is critical.

Don’t wait for 30 – 45+ days for your customers to pay your invoices. Turn your outstanding invoices into cash within 24 hours, with Freight Funding from OptiPay.

Flexible, Easy Business Funding

Quick Online Enquiry

It will only take a few seconds & will not affect your credit rating.
serving clients

What is Freight Funding?

“Cash is King” and never more so than in business. Why wait 30 to 45+ days for your invoices to be paid when you can access your cash within 24 hours of your invoice being issued.
All too often this cash is borrowed in the form of loans or overdrafts. Whereas many Freight Forwarders and Custom Brokers, actually already have the money, it’s just tied up in your unpaid invoices. Our finance solution unlocks that money by getting you cash upfront, instead of waiting 30 to 45+ days for an invoice to be paid. You can then utilise this money in your business.
You will receive 80% of the invoice value within 24 hours of invoice verification. To get started, simply complete the online application form (click the “Apply Now” button above or contact us for a paper application), it will only take a few minutes and won’t affect your credit rating.
OptiPay charges no upfront application fees to set up an account, nor does OptiPay charge weekly or monthly interest and principal repayment fees like a traditional unsecured business loan. All you pay is a small percentage of the invoice value funded (called a discount fee) and only when your debtors pay their invoices. What this means is that you make no ongoing interest repayments at all. The actual discount fee charged is typically less than 2% of your invoice value, suffice to say that it usually works out cheaper than taking out an unsecured business loan or even an unsecured overdraft facility. Yes, that’s correct – simple and fair.

TIM’s Freight funding DOES NOT require property security as collateral. We use your unpaid invoices as collateral. The more invoices you issue, the more funds we will advance you with no other physical security required.

To get access to cash from their unpaid invoices rather than waiting for their customers to pay them, these funds can then be used to run and grow the business. It is the same concept as offering your customers an upfront discount if they pay your invoice early, and it allows you to obtain an advance of up to 80% of the invoice value with the 20% balance (less a small fee) received when the invoices are paid.

Features of Freight Funding

Solve your business cash flow needs with flexible, fair funding.

It’s Application Fee Free

No application fees, no repayments, no bank fees, and no property security required.

It’s 100% Flexible

Select which invoices you would like to fund and offer as many or as few invoices each week or month as you require, to manage your cash flow.

Funding In 24 Hours

Receive 80% of your selected invoices within 24 hours of the invoice being verified, with the balance being received when the law firm pays.

OptiPay Secure Debt Protection

Non-recourse funding with protection against your debtor going into insolvency. If your client defaults on payment, OptiPay’s insurance will respond.

How much money
can I get?

Typically, you receive up to 80% of your invoice value up front, in cash. You then receive the balance of the invoices, less the OptiPay agreed discount fee when your customers pay your invoices.
You can get as much as 85% of your total invoices if you fund all your invoices with us at any given time. Get in touch with us to find out how much money you can access today.
Enquire Now

Ok, how much does this
REALLY cost?

OptiPay has no application fees to establish your Funding Account. So, there are no upfront fees before you receive funds from OptiPay.
All you pay is a one-off amount on the invoices funded which is typically less than 2% of the invoice value and only when your debtors pay their invoices. What this means is that you make no interest repayments at all. Yes, That’s it. Simple and fair.
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Why should I go with OptiPay?

We have funded over half a billion dollars to over 350 Australian businesses representing 22,000+ invoices. Here are just a few of the many benefits of working with TIM:

Low Risk – Protection against your client not paying you or defaulting on payment

If you issue invoices and your client (the debtor) fails to pay, and your business has not committed a fraudulent transaction, then OptiPaySecure™ steps in and protects you and covers up to 90% of the funding provided as well as the legal costs to chase your client (debtor). This is unlike business loans where you run the risk of losing your business as well as personal assets in the event of default by your client.

Low Cost

With OptiPay you are not locked into repayments on a daily, weekly, or monthly schedule. In fact, there are no repayments at all because OptiPay is not a bank or like other ‘unsecured’ cash flow lenders and does not force businesses into ongoing loan facilities with fixed repayment terms. All you pay is a low pre-agreed fee and only at the time when your client pays their invoices.

No Hidden Fees

Extra fees are so common in business lending that SMEs have gotten used to them – but they shouldn’t accept them! It’s worth looking at a short, non-exhaustive list of fees OptiPay does NOT charge compared to other lenders.

Available to all Australian businesses

OptiPay’s invoice finance facility is available to every Australian business that invoices other businesses (B2B). We offer flexible funding facilities ranging from $100,000 to $5.0 million. Even if you can’t get a business loan or overdraft, you can qualify for invoice financing as it is based on your current sales, not your past.

Fully Flexible Option without Long Lock-in Periods

Flexible and tailored funding solution for your business. Your business is not burdened with long ongoing contracts and repayment schedules. You can raise the cash flow against your debtors ledger whenever it suits you and your requirements.

Easy & fast application process

Apply online from the comfort of your home or business, no unnecessary paperwork. Get up to 90% of your invoices paid within 24-hours of approval. Our simple online system gives you full control over your financing.

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.

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OptiPay Funding Process

5 simple steps to secure funding

Quick same-day setup

  • No application or set-up fees
  • No long lock-in contracts
  • No property security required

Select your invoices and upload

  • Choose only the invoices you want funded
  • No fees as you add more debtors

Due diligence

  • OptiPay checks the credit rating of your debtors and verifies each invoice
  • Open and honest appraisals

Access up to 90% of your cash up front

  • Get up to 90% of your invoices paid to you without any hold backs or fees
  • Get your money within just 24 hours of approval

Access balance of cash

  • The more you cash-flow with OptiPay, the lower the discount fee can become
  • The balance due on your invoices are paid to you when your client pays their invoice, less a pre-agreed discount rate
  • OptiPay is paid when you are paid and not before

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.
Get Tomorrow’s Cash Flow Today
OptiPay helps you find smarter ways to use your own cash and avoid the pitfalls of borrowing funds. We are always ready to help let the cash flow to help your business grow, and we do it in a fairer, faster, friendlier, more flexible, and far more affordable manner than a traditional business loan. Contact an OptiPay expert today to get started.
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1300 694 686
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To See How It Works

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.

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