Debtor finance, factoring, or invoice discounting is like a line of credit on what your clients are owed by their debtors.
Benefits of debtor finance include:
- Boosting turnover by bringing cash receipts forward
- The facility can grow in proportion to your sales
- No need to offer settlement discounts
- Using property assets to build personal wealth instead of locking them into the business
- Reducing the risk of losing the family home or other collateral
- Getting discounts from your suppliers for early payment
- Improving your buying power
For more information, call USF today on 1300 66 99 86 or email info@usf.com.au
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