The Role of Invoice Financing in Overcoming Cash Flow Challenges for SMEs in Australia
For many business owners, the gap between issuing an invoice and receiving payment can create operational strain, limit growth opportunities,
OptiPay’s Export Finance is a specialist Trade Finance solution, which provides your business with the upfront cash flow it needs to fund the export of products. Our solution will fund up to 100% of your purchase orders received from overseas buyers, with repayment of the facility up to 90 days later.
Does your business need funding to cover the working capital costs, from the time you receive a purchase order from your overseas customers until the goods arrive and are paid for (by your customer), if so then OptiPay’s Export Finance is the solution for you.
Our solutions allow you to retain the capital in your business until the goods are delivered to your customer overseas and paid for. If required, OptiPay will also manage your entire logistics, freight forwarding and forex. Once established, the line of credit can be drawn, repaid and used repeatedly.
Export finance will help you close the funding gap between the time an order is received from an overseas customer; the cash required for you to make/purchase the goods and then waiting for the goods to be shipped and payment received. This is usually a 60 to 120+ day cycle.
An export finance facility will ease the pressure on cash flow and can take care of all of the complex paperwork and procedures that come with it. OptiPay’s Export Finance solution can fund up to 100% of overseas purchases; freight, duty and GST (where applicable), all the way through to the point where your customer pays your invoice.
Export Finance can be used by any business that exports goods or wants to export goods to sell to other businesses.
Our funding solution is tailored to meet the specific needs of each business and can be structured to provide total funding for periods up to 120 days.
We’ve funded over $1 billion to hundreds of Australian businesses against multiple debtors, and on more than 22,000 invoices.
The benefits of working with OptiPay include:
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 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.