15
Visit us at: http://tradedebtorfinance.com.au Visit us at: http://tradedebtorfinance.com.au Call Us Today 1300 00 8332 By: Trade Debtor Finance Consultants (TDFC) Sid Goodwin 10 KEY POINTS TO ASK ABOUT FACTORING

10 Key Points To Ask About Factoring

Embed Size (px)

DESCRIPTION

When looking at Factoring as an option to unleash the tied up cash flow found in unpaid receivables there are a number of questions you should be asking before you get into such a facility.

Citation preview

Page 1: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

By: Trade Debtor Finance Consultants (TDFC)Sid Goodwin

10 KEY POINTS TO ASK ABOUT FACTORING

Page 2: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

1. How much does Factoring cost and what is my interest rate?

Page 3: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

2. How much is it to setup a Factoring facility and how long does it take?

Page 4: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

3. What percentage do you advance and when do I get the balance?

Page 5: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

4. What are your break fees if I want to leave early?

Page 6: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

5. What is my contract term?

Page 7: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

6. Does the Factoring firm contact my debtors, or do I maintain the collection of monies?

Page 8: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

7. What is the main difference between each Factoring company?

Page 9: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

8. Is the Factoring system online and easy to understand?

Ask for a brief explanation

Page 10: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

9. Do we need Real Estate Security to get a Factoring facility?

Page 11: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

10. What happens if the debtor doesn’t pay and goes into Administration?

Page 12: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

For honest answers to these questions and more contact TDFC

Page 13: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

Main Office:

1300 00 8332

Fax Number:

07 5540 3727

Page 14: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

TDFC Mobiles Any Time:0408 058 827 or 0408 711 932

After hours Consultants: 0416 142 907

Page 15: 10 Key Points To Ask About Factoring

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

Call Us Today 1300 00 8332

Postal AddressPO Box 300,

Waterford WestQLD 4133

Email: [email protected]