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INVOICE FINANCE

Invoice Discounting

Invoice Discounting is used by many established businesses to unlock cash flow value tied up in unpaid invoices. We offer facilities up to $15m and can tailor a solution to suit you.
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INVOICE FINANCE

What is Invoice Discounting?

Invoice Discounting is a flexible form of funding that allows established businesses to unlock cash flow that’s tied up in unpaid invoices. This cash flow can then be used to fund operational expenses or to invest in the growth of your business.

It is a business line-of-credit that grows with the sales of your business and because Invoice Discounting is supported by the accounts receivable ledger of your business, there is no need for real estate security.

Pros and Cons of Invoice Discounting

Pros
  • ionicons-v5-eDon’t need to wait for the invoice to be paid to receive funds
  • ionicons-v5-eInvoices are collateral not real estate property
  • ionicons-v5-eFlexible access to funding
  • ionicons-v5-eYou retain control of invoice collections
  • Cons
  • ionicons-v5-mLower approval rates than invoice factoring
  • How Earlypay can help with Invoice Discounting

    At Earlypay, we're all about being flexible and finding the best solution for you. We can offer Invoice Discounting facilities from $50k to $15m and work with you to make it as convenient as possible.

    Many of our clients find that uploading ledgers works well for them but for those that use cloud accounting platforms, our easy-to-use Earlypay seamlessly integrates with Xero, MYOB and Quickbooks to make things simple.

    Get in touch with us today for a tailored solution and see how we are making business finance simple for Aussie businesses.

    Is Invoice Discounting right for my business?

    • ionicons-v5-eYou provide goods and services to other businesses
    • ionicons-v5-eYou sell on trade credit terms of less than 90 days
    • ionicons-v5-eYou invoice after goods or services have been delivered
    • ionicons-v5-eYour business is established with a history of profitability
    • ionicons-v5-eYou have your own in-house accounts receivable team