Why Invoice Discounting
Invoice discounting is one of the fastest growing financial services for businesses worldwide. It is a highly flexible, cost-effective and proven way to help finance your business, manage your cash flow and fund your expansion plans all at the same time. Unlike factoring, you retain full control of your credit and debt collecting procedures, so your customer will never know you are using an invoice discounting service.
What Is Invoice Discounting?
Invoice discounting is a process to convert your trade debtors into immediate cash. Unlike factoring, you retain full control of your debtors’ ledger ensuring total client confidentiality.
Cash Resources Australia can provide a cash advance of up to 80% of your outstanding invoices within 24 hours of your application and will refund the remaining 20%, less fees, as your debtor makes payments. And your customer will never know. Total confidentiality is assured on all transactions.
“Alan Kaye and his team have been absolutely tremendous … always helpful with advice and quick to respond to our enquiries. Alan is always accessible, can you imagine picking up the phone and being able to talk to the CEO of one of the banks. This debtor finance package not only gives us peace of mind that we can avoid cash flow issues but it also gives us the confidence to go after bigger projects and compete with the multi-national recruiters.”
Roz Shaw Director Spectrum People.