Why Would You Use A Debtor Finance Facility Over Traditional Lending?

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Debtor finance facility - Factoring has been around for a long time. People often tell myself, that the reason they are coming to Factoring – Invoice Discounting is because the banks won’t lend them any monies. Why is that? I ask. They proceed to tell me a number of reasons: 1. I have no assets 2. I have no trading history 3. I have credit problems 4. My business is too small. With these answers in mind, from a bank point of view, why would they take a risk? They were never interested in young businesses, they want large well established ones. Banks really don’t micromanage well and often causes smaller businesses, heart aches and pain. Which brings me back to my question. Debtor Finance Facility, Factoring, Invoice Discounting products are all funded against invoices. The security in the whole loan is primarily the debtors and their strength. Lenders keep exposures and limits in check, helping avoid any situations which will leave you, the client, vulnerable. Factoring, Debtor Finance firms will do checks on Debtors, maintain alerts to try and avoid any bad debt decisions. Most Factoring firms only care about the invoice Finance, and let owners get on with business lending. Lastly Debtor Finance lenders try to assist you in the growth of the business. It’s in their interest for you to grow, so they make more money. The most important things owners should ask are: 1. What will I do with the funding once I get up to 80% of the invoices in 24-48 hours? 2. Do I want to be in a contract or not? 3. How long do I want to be in a product for? 4. What is my long term solution once I get to my growth phase? 5. How do I get out when the time comes? Trade Debtor Finance Consultants ( TDFC ) offers a written obligation free quote which puts you in touch with up to 4 appropriate lenders for you to choose from. TDFC also offers support for the life of the loan, offering help and or feedback on the do’s and don’t's. TDFC has a large range of references now for your firm to choose form. So if you would like to get it first hand, with up to 22 lenders and 9 different products to choose from, contact Trade Debtor Finance Consultants today and help a Small Family owned Business today. A debtor finance facility may just be what your looking for to maintain your cash flow at a reasonable state. CONTACT TDFC Today! Phone: 1300 00 8332 Fax: 07 5547 8731 Email accounts@tdfc.com.au

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Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

Why Would You Use A Debtor Finance Facility

Over Traditional Lending?By: Trade Debtor Finance Consultants (TDFC)

Sid Goodwin

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

Debtor Finance has been around for a long time

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

People often tell me, that the reason they are coming to Debtor Finance

is because the banks won’t lend them any monies

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

‘Why is that?’, I ask, They proceed to tell me

a number of reasons:

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

1. I have no assets

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

2. I have no trading history

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

3. I have credit problems

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

4. My business is too small

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

With these answers in mind, from a bank’s point of view, why

would they take a risk?

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

They were never interested in young businesses, they want large

well established ones

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

Banks really don’t micromanage well and often causes smaller businesses,

heartaches and pain

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

Which brings me back to my question

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

Debtor Finance Facility, Factoring, Invoice Discounting products are all

funded against invoices

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

The security in the whole loan is primarily the debtors

and their strength

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

Lenders keep exposures and limits in check, helping avoid any

situations which will leave you,the client, vulnerable

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

Debtor Finance firms will do checks on debtors, maintain alerts to try and

avoid any bad debt decisions

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

Most Debtor Finance firms only care about the Invoice Finance, and

let owners get on with business lending

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

Lastly Debtor Finance lenders try to assist you in the growth

of the business

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

It’s in their interest for you to grow, so they make more money

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

The most important things owners should ask are:

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

1. What will I do with the funding once I get up to 80% of the

invoices in 24-48 hours?

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

2. Do I want to be in a contract or not?

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

3. How long do I want to be in a product for?

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

4. What is my long term solution once I get to my growth phase?

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

5. How do I get out when the time comes?

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

Trade Debtor Finance Consultants( TDFC ) offers a written, obligation free quote which puts you in touch with up to 4 appropriate lenders

for you to choose from

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

TDFC also offers support for the life of the loan, offering help and or feedback

on the do’s and don’t’s

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

TDFC has a large range of references now for your firm to choose form

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

So if you would like to get it first hand, with up to 22 lenders and 9 different

products to choose from

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

contact TDFC and help a small family owned business today

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

A Debtor Finance facility may just be what you’re looking for to maintain your cash flow at a reasonable state

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

Main Office:

1300 00 8332

Fax Number:

07 5540 3727

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

Call Us Today 1300 00 8332

Visit us at: http://tradedebtorfinance.com.au

Postal AddressPO Box 300,

Waterford WestQLD 4133

Email: mail@tdfc.com.au

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