Debtor Finance, Invoice Discounting, or Factoring is the only facility left that doesn't require security and grows when you grow. Get paid on unpaid invoices in 48 hours instead of 48 days. Ask TDFC (Trade Debtor Finance Consultants) what Debtor Finance is today!!!
Bank loans and overdrafts remain tight during the World credit crisis, and many businesses are undergoing a cashflow squeeze caused by the late payment of invoices. According to statistics, retailing services in Australia rely on imports and a sudden fall in value of the Australian dollar has affected the importing industry, which in turn effects smaller businesses who sell deliver and pack imported items.
Growing unemployment means that conditions in small and large industries have also been heavily impacted. The falling property market has added concern for small business owners as they struggle to refinance mortgages over their homes to raise business capital.
As businesses get squeezed their payment terms slip out past 60 days. Business Cashflow stops and people get put off for lack of work. It is a continuous cycle.
A positive note: is that we have been here before. What goes down, comes back up in time. If your business is strong enough to break out the other side of this recession, then you have a head start on the others starting up in the good times. Once these times start again you are on top of the pile, growing faster and stronger than ever.
TDFC is a consultancy firm that strives to put the client first. Debtor Finance, Factoring, Invoice Discounting are just words to many Australian businesses. TDFC has over 11 lenders in Debtor Finance and helps you fit the facility to suit your business needs.
TDFC offers free advice on our website with 10 questions to ask should you want to ring all the lenders yourself. Will they give you all the answers, we don't know. TDFC will explain all facets of each facility, break fees, rates, even help you with the setup and maintenance of the facility to you have it in control.
TDFC consultants are very experienced in the explanation of each facility and lenders. If you would like more information go to our website or follow the link and contact TDFC today.
http://www.tradedebtorfinance.com.au/
