Unsecured alternative Finance to Overdrafts or Line of Credit for Businesses.
Do you run a business?(even brand new)
Do you want a finance product that doesn’t involve your house or other assets?
Do you want to maintain collections?
All you want is access funds when you need it, and your debtors searched to avoid risk.
Well Partnership Factoring is your ideal product. It is an overdraft secured against your debtors.
Simple criteria. Are you turning over $20 000.00 a month. Do you have 3 or more debtors. Do they pay you more than 14 days. If yes is your answers then you have the ability to to factor your invoices. Increase cashflow to buy more stock, to pay wages or fuel, or just pay bills ahead of time and receive a discount.
For some no nonsense answers in relation to this product and lenders please log on to our website www.tradedebtorfinance.com.au or email mail@tdfc.com.au to speak to a friendly TDFC consultant.
TDFC also explains Factoring, Invoice Discounting, Trade Debtor Finance, Debtor Finance, Business Finance, and Cashflow Finance.
Topics: Business Finance, Cashflow Finance, Debtor Finance, Factoring, General, Invoice Discounting, Invoice Funding, Trade Debtor Finance, confidential Invoice Discounting | 4 Comments »
June 28th, 2009 at 9:36 am
need to catch up on supplier payment of $4000, to receive new stock.
June 28th, 2009 at 9:37 am
receive 60% discount on invoicing of payment upon cash on delivery
July 11th, 2009 at 2:08 am
Dear Peter,
Sorry for the delay been flat out. I have a product that may suit your situation. Its a stock finance solution.
Before I get into that it has some criteria you must follow.
1. Profit and Loss has to be 2 years in positive, or close to it.
2. Tax must be up to date, with access to port hole
3. Your receivables or sales ledger with a bulk of those paid under 60 days.
4. Your payables or creditors ledger must be paid under 90 days.
5. Purchases are for bulk products 50k and above.
6. Clean CRA.
If you can generally say yes to these then we can offer this stock finance product.
The below product will be of interest.
Unsecured Finance option for your business buying in bulk stock.
• This facility works like a credit card designed to pay your suppliers on COD terms.
• Pay 2.95% Admin fee on the transaction and get first 60 days interest free.
• After 61 days your interest rate is charged at 7.80% per annum.
• You have 120 days to have goods fully paid back to the lender..
• Take a look at our presentation for how the facility is best utilized.
• Limits are set from business financial s. Small $2000.00 Establishment fee and you’re up and running.
Contact a TDFC consultant for more details in regards to our stock finance solution.
Conditions apply.
Basic Run down is 3% for transaction giving you 60 days interest free. At 60, 90, and 120 day make a payment off the lend between 15-30% and on balanced charge at 7.8% per annum to its paid back. All of the lend must be paid back by 120 days.
July 11th, 2009 at 2:13 am
Peter,
If the solution I have supplied isn’t for your company or circumstances, then we could look at our factoring solutions. Please contact our office to discuss your inquiry further. One thing I forgot to manage was it has to be business to business transaction.
Thank you for using TDFC.