Debtor Finance
Improve your cash flow.
Remove the stress of slow-paying clients.
Grow your business.
What could your business achieve if up to 80% of all outstanding invoices were paid into your bank account today, without having to mortgage property or abide by restrictive lending covenants?
If your business is an SME which sells to other businesses on credit terms, then debtor finance could be the solution to your cash flow requirements.
Bendigo Bank's debtor finance is provided by Oxford Funding, a wholly-owned subsidiary. Oxford Funding has been Australia's leading tailored debtor finance specialist since 1994.
How does it work?
Oxford Funding helps you convert sales into cash by buying your approved sales invoices from you. We then pay you up to 80% of the total invoice value, usually within 24 hours. When the invoice is paid, you receive the remaining 20%, less a small fee.
Watch a brief demo of how debtor finance works
Businesses best suited to debtor finance operate within the following industry sectors:
- Manufacturing
- Wholesale trade
- Recruitment and labour hire
- Agriculture and mining
- Transport and storage
- Printing
- Smash repairers and panel shops
Benefits
- Get immediate cash flow for working capital and to grow your business
- The product is fully tailored to your situation and needs
- Convenient and flexible cash access as required (eg, for seasonal fluctuations)
- Flexible line of credit which grows as sales grow (not restricted by real estate value)
- Improve profitability through negotiated supplier discounts on early payment
Features
- Fund up to 80% of your debtor invoice value within 24 hours of processing
- Direct online access to account 24 hours a day
- Backed by a trusted bank for peace of mind
To find out more
Oxford Funding has a dedicated team that can take you through the product, assess its suitability to your business and tailor our products to suit your needs. Plus, debtor finance would integrate smoothly with any existing Bendigo Bank accounts.
To find your best representative please click here, or call our Toll Free Telephone Number on:
1800 850 509
or email info@oxfordfunding.com.au |
