Why You Should Consider Using Invoice Financing

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Why You Should Consider Using Invoice Financing
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• Invoice discounting Australia isnt a totally
  new concept it has been used for a couple of
  years in the past. Today, thousands of business
  owners worldwide employ invoice financing as a
  way of generating cash to run their businesses.

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• While not too many businesses owners have taken
  advantage of this business finance model, it is
  something that you want to look at especially if
  you are a small business owner. As the economy
  recovers and gathers momentum, and growth
  returns, there are several reasons you need to
  seriously consider invoice discounting Australia.
  

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• Accessibility While it is not necessarily a
  last option resort, it is now widely considered a
  mainstream product by advisors and funders.
  Unlike those conventional funding options,
  invoice finance funders dont lay too much
  emphasis on your historic financial performance
  or the strength of your balance sheet when you
  make an application.

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• Their primary concern is the asset they are
  securing the loan against - the receivables - and
  the quality of the management team running the
  business. Personal guarantees are not always
  required. Invoice discounting is a highly
  competitive market with some banks and
  independent providers offering a wide range of
  solutions that suit every perceivable situation.

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• Flexibility Invoice finance Central Coast is a
  sales linked product. This means that as your
  business grows the amount of funding available to
  you also grows. Funders will typically offer
  anything from 70 to 90 percent of your
  outstanding invoices.

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• This therefore means that as you generate more
  sales and issue more invoices you have the chance
  to increase your working capital simultaneously.
  This is where invoice finance really comes into
  its own - compare it with the fixed limit of an
  overdraft or loan it's less restrictive and
  encourages growth.

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• Protection from bad debtors One of the greatest
  benefits of invoice discounting that you may not
  have thought about is being covered from the
  frustrations of dealing with the threat of bad
  debt. Every facility will include credit
  opinions of new and existing customers, and this
  is often enhanced by the funders own payment
  experience. By setting an appropriate funding
  limit for each customer, the funder will limit
  your exposure to those that may not be able to
  pay.

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• Save time and money There are types of invoice
  discounting that include a collections service.
  This means that you actually outsource your
  credit control function to the provider. The
  level of service that you get will be custom made
  to suit your budget and individual requirements.

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• Time saved chasing debts can be better spent
  elsewhere and the removal of a fixed overhead
  will have a positive impact on the bottom line.
  These benefits are compelling enough for every
  business owner to seriously consider invoice
  finance Central Coast.

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• business loans Central Coast Second mortgage
  loans
• Magnolia Finance
• Suite 3, Level 27, Governor Macquarie Tower
• 1 Farrer Place
• Sydney NSW 2000
• http//www.magnoliafinance.com.au