Two men discussing the options for funding

What Options Do Small Businesses Have to Fund Themselves?

Video Transcript

They can access cash through a variety of means. One might be traditional bank debt, another option might be to invest money into their business themselves. But those two options may be difficult because we know with traditional bank debt, particularly post the royal commission is very difficult to access any sort of bank debt from from traditional banks. A lot of business owners are reluctant to put their own personal wealth into their business because that’s the separation of business and personal wealth. So what are there other options? Well, that’s where invoice finance, or trade finance, import finance if they’re an importer of product or an online loan from one of the online lenders that have come into the market in the last five, or six years, the Fintechs.

Who is OptiPay?

OptiPay, one of Australia’s leading business finance providers, has been dedicated to helping small business owners solve cash flow challenges  for over a decade and has provided $1.5 billion in business funding to more than 500 Australian businesses. OptiPay specialises in modern financing solutions such as invoice factoring, invoice finance, debtor finance, and lines of credit. OptiPay’s mission is to support business growth providing liquidity in as little as 24 hours, ensuring they have access to tomorrow’s cash flow today. This rapid access to funds helps businesses maintain smooth operations and seize growth opportunities without the stress of cash flow constraints. At OptiPay, we believe that healthy cash flow is the lifeblood of any successful business. Our commitment to helping businesses overcome financial hurdles and achieve their growth ambitions has solidified our reputation as a trusted partner in the business finance sector. Whether you are looking to stabilise your cash flow, expand your operations, or navigate financial challenges, OptiPay is here to support your journey with innovative and efficient financing solutions.

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Ladies in the office discussing invoice factoring

Is This Factoring?

 Video Transcript No, it’s not factoring. Factoring is when the financier manages the debtor ledger on the behalf of the client, including chasing the

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