Our client is a disability and aged-care business that provides in-home health support to people who want to live independently.
They bill the government agencies monthly for the services provided but have staff to pay weekly. This results in a significant cash flow shortfall.
To help close this cash gap, we provided them with a $100k Invoice Finance facility – a line of credit that unlocks cash tied up in their outstanding invoices. And because they linked their Xero to Earlypay, they can access funds quickly and simply using our online platform.
The facility now supports their business growth and provides a consistent buffer in available working capital to pay wages, other expenses and support new opportunities.