5 Common Myths About Invoice Financing and the Truth Behind Them
For Australian businesses, cash flow is often the driving force of day to day operations and long-term growth. However, business
OptiPay provides clients with an import finance solution when sourcing goods from global markets. Our solution starts by funding up to 90% of your orders to overseas suppliers, through the manufacturing and shipping process, up until the time payment is received from customers.
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 Import 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.
Import finance will help you to close the funding gap between an order received from an Australian customer and the payment required by your overseas supplier/s.
Using an import 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 Import Finance or Accelerator Plus product can fund up to 90% of overseas purchases; freight, duty and GST, all the way through to the point where your customer pays your invoice.
Import Finance can be used by any business that imports goods or wants to import 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 150 days.
Import Finance can be used for a wide variety of imported products that are used for onsale to your Australian customers.. Please contact our experienced staff members and they will quickly determine what is required to get your funding underway.
Property guarantees may be required. We also take security over the product you are importing.
Import Finance is very competitively priced. We partner with the largest logistics provider in Australia to ensure your freight costs are the lowest possible. The total all-in fees vary depending on your business, the type of products, the time to manufacture and specific requirements in order to ensure they are as low as possible.
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.
For Australian businesses, cash flow is often the driving force of day to day operations and long-term growth. However, business
Cash flow is the lifeblood of any business – maintaining a steady stream of working capital is critical for covering
For many Australian businesses, particularly small and medium-sized enterprises (SMEs), late payments from clients are a persistent and costly challenge.
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.