Accounting Practice Provides Valuable Assistance to Client
This accounting client is a fast growing, profitable wholesaling business. The bank has been providing an overdraft facility for several years. The client was looking to bring on more employees and increase purchase orders for the growth. However, the client wanted to free up their personal property portfolio which the bank had as security. The […]
Client Dodges a Bullet
Our new client required funding to complete the building of their production facility and had approached their bank for an increase to their property loan, and negotiate an increase to their cash flow funding facility from an advance rate of 65% to 90% of the accounts receivable ledger. The valuation placed over the directors property […]
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 […]
How a large order almost crippled a business but smart supply funding turned things around
The client designs and constructs bespoke generators to the construction and underground mining sectors. Background The client had recently been awarded a tender which required an increase for overseas components and domestic partner contribution for the accommodation of the complete project, plus there was a requirement for overland delivery using Australian heavy haulage to site […]
3.62% pa IMPROVEMENT in net cash flow! – OptiPay’s weekly funded scenario
Revolving, unsecured, 80% advance rate, protected and smart! OptiPay has an existing client funding approximately $145,000.00 per month. The client designs, imports and constructs a broad range of container solutions and containers to hold liquids, such as water, waste and solvents. A highly specialised area of expertise. The client approached OptiPay because they needed to import and design […]
Accountancy practice provides some very insightful advice
Their client was a successful, very profitable fabrication business. The bank had provided an overdraft facility and equipment finance. The client was looking to bring on more employees and increase purchase orders. However the client wanted to free up their personal property portfolio. The bank offered to increase the existing overdraft facility as the client’s […]
A very expensive lunch, three course meal, wine and a two year contract
All up $240,000.00 plus tip! OptiPay was recently asked to submit a proposal providing a full funding solution for a business requiring $500,000 per month. On following up the submission we had been advised that the potential client had decided to fund with an alternate provider. Well that’s business, but we did ask why and […]
A different kind of cash flow solution
So, you think all cash flow solutions are the same worn out beast………Well, read this! A specialist Engineering Company involved in a JV for the delivery of Precast Concrete Tied Wall panels required a smart solution to secure the contract. In order to manufacture the product the client had to purchase the raw material from […]
You don’t know what you don’t know
Improved operating margins through innovative business cash flow acceleration at 4.87% pa. Our transport client was running a full facility with a first tier factoring company, which was costly, restrictive, had all the recourse to the client, inflexible and onerous covenants. They sought the advice of a business consultant who recommended alternate solutions may be […]
Finance Broker Alleviates A Significant Headache For Their Transport Client
OptiPay received an enquiry from a finance broker requesting a proposal to solve the following issues for their current: Their client is a haulage and logistics business and had an existing invoice finance facility with an Australian bank. The client had a significant number of debtors with payment terms ranging from 14 days to 45 […]