Who Debtor Finance Suits
Debtor Finance is an ideal working capital solution for growing businesses in all industries. Speak to Thane Commercial’s Debtor Finance specialists in Melbourne and Adelaide to find out more about this flexible finance option.
If your business has a sales turnover of at least $500,000 per annum, but you find it a challenge to stretch your working capital to achieve your goals, Debtor Finance could be the answer. The strategy behind Debtor Finance is to unlock the working capital tied up in your Debtors by entering into a Debtor Financing arrangement with a Financial Institution, and then utilising the additional working capital to more efficiently support your businesses needs. This allows you the capacity to grow without relying on traditional fully secured facilities that are extremely restrictive.
The availability of working capital can be vital for businesses in the growth phase, enabling them to invest in equipment, hire staff and acquire assets without having to wait months for invoices to be paid. Debtor Finance could also give you peace of mind if your business has limited access to traditional security, as it relieves debtors of their power to affect the day-to-day running of your business.