Download - Why Factoring, Debtor finance, Or Invoice Discounting?

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Visit us at: http://tradedebtorfinance.com.au

Why Factoring, Debtor Finance, Or Invoice

Discounting?By: Trade Debtor Finance Consultants (TDFC)

Sid Goodwin

http://tradedebtorfinance.com.au/



Often business owners are very nervous about selling off their assets,

and as a business owner myself, I don’t blame them




Factoring, Debtor Finance, Invoice discounting, which product

suits my business?




Can I afford it?




Will they harass my debtors?




Will my debtors think I am going broke?




What happens if someone doesn’t pay?




Will they fund just one debtor?




Will they need property?




Why guess when you have a firm who doesn’t have any direct upfront costs

and will offer you up to 4 options at a time to choose from?




and will offer a life time support with the lender chosen, again at no direct

cost to your firm




Factoring, Debtor Finance, Invoice Discounting offer business owners the

chance to sell their invoices




and get access to up to 90% of their value so they can grow their business




Once the debtor pays his account, the lender releases the final 10% less

any fees incurred




It is a very simple product




In the past Factoring, Debtor Finance, Invoice Discounting lenders have sold

these products as a measure of last resort




These lending costs are a recipe for disaster as they too add to the bottom

line, as the client often borrows in order to pay bad debt




Factoring lenders are often full service products




They are more expensive as they offer more service




Smaller businesses often are drawn to these products




Debtor Finance lenders offer a client a more complete product, as it acts as

an overdraft on their debtor invoicing




This gives the clients some control of borrowings and the length

of time it's out for




Often more larger clients use these products




Invoice Discounting lenders are often bank products




Same principal, overdraft on invoices, but often much larger clients with

larger turnovers attract the better rates




Invoice Discounting is often confidential and clients have to have excellent back end systems in order to obtain




Trade Debtor Finance Consultants offers an obligation free quote with

up to 4 lenders to choose from




We also offer support for the life of the loan




Don’t get caught by brokers, who slug you upfront and disappear

when it all goes bad




For more information please ring us, email us or go to our website




Main Office:

1300 00 8332

Fax Number:

07 5540 3727




TDFC Mobiles Any Time:0408 058 827 or 0408 711 932

After Hours Consultants: 0416 142 907




Postal AddressPO Box 300,

Waterford WestQLD 4133

Email: [email protected]


mailto:[email protected]