Invoice Finance Adelaide
Invoice Financing For Adelaide Small Businesses
ABR Finance Pty Ltd is based in South Australia and has assisted many small businesses with invoice finance in Adelaide. Our clients include: lawyers and barristers, accountants, real estate agents, fitness centres, child care centres, small building contractors, electrical contractors, IT companies, small wholesalers, small manufacturers, stationery suppliers, transport companies and catering businesses, just to name a few.
How it works
If your small business issues invoices to its customers and allows them 30, 60 or 90 days to pay after the delivery of your products or services, ABR Finance will be able to assist you with your cashflow problems. You will be able to access the cash immediately after you issue your invoices to your customers. For example, you deliver a product to your customer and issue them with $1,000 invoice allowing them 30 days to pay. When you send a copy of that invoice to us, we will immediately pay $800 into your operational account (i.e. 80% of the invoice value). When we receive a full payment for that invoice, we will pay the balance of $200 to you less our fee.
Our approval process is fast and simple. We will ask you to complete an application form and provide us with the supporting documentation. We can usually provide you will approval within 48 hours.
We do not require any regular repayments. We do not have any minimum weekly or monthly charges and we do not charge any file administration fees or any late payment fees. And we do not lock in our clients for any set term. Our facility is ongoing and can be terminated with a 30 days written notice.
We understand that many small businesses may be experiencing periodic cash flow problems and as a result may not have a ‘clean’ credit record or may have ATO arrears.
This would not be a problem for us, provided your business is profitable and has customers that pay their invoices within the agreed payment terms.