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Account Factoring Your Receivables

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Account Factoring Your Receivables - 1300 00 8332
http://www.tradedebtorfinance.com.au/services/factoring-debtor-finance-invoice-discounting.html

CONTACT TDFC
Phone: 1300 00 8332
Fax: 07 5547 8731

Email accounts@tdfc.com.au
Mail PO BOX 646
Jimboomba
QLD, 4280

Published in: Business
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Account Factoring Your Receivables

  1. 1. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au By: Trade Debtor Finance Consultants (TDFC) Sid Goodwin Account Factoring your Receivables Visit us at: http://tradedebtorfinance.com.au
  2. 2. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au Most companies think when factoring their invoices they are giving away the debt to a lender and they will purchase and chase that debt themselves
  3. 3. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au This is far from the truth
  4. 4. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au Factoring companies do receivable finance, purchasing invoices and funding a percentage of them to you within 24-48 hours of verification
  5. 5. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au The balance of the invoice is funding, when the debtor pays the full account to the lender
  6. 6. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au So if you have $10,000 dollars of outstanding invoices, if the whole book has been verified and completed you can have up to $7-8,000 dollars in your bank in 24-48 hours
  7. 7. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au The final $2,000-$3,000 will be paid to you once the debtor pays their account
  8. 8. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au Invoice Funding has different fees, so it’s important to know what turnover you will be doing in the next 12 months
  9. 9. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au Also the debt turn, (amount of time the average clients take to pay 30 days etc.)
  10. 10. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au This with a combination of how good the back end procedures are in your firm, will determine how much your fees will be
  11. 11. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au For more information about Account Factoring or Receivable business loans, be sure to call our office
  12. 12. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au Main Office: 1300 00 8332 Fax Number: 07 5540 3727
  13. 13. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au TDFC Mobiles Any Time: 0408 058 827 or 0408 711 932 After Hours Consultants: 0416 142 907
  14. 14. Call Us Today 1300 00 8332 Visit us at: http://tradedebtorfinance.com.au Postal Address PO Box 646, Jimboomba QLD 4280 Email: sales@tdfc.com.au

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