Invoice Finance

Invoice finance lets you use your unpaid invoices to secure funding for your business. Instead of waiting weeks or months to get paid, we can extend you a cash advance of up to 80% of the invoice value within 4 hours.

You can use the funds from invoice finance to bolster your cash flow or invest in an area of your business that needs funding.

With our invoice finance facility, you don’t need to worry about your business not having assets to secure a loan or a good credit score. Instead, you can use your unpaid invoices as collateral to secure the funding.

How Invoice Finance Works

Our invoice finance facility is quick and easy to set up in just 4 simple steps:

Step 1

Supply services or deliver products to your customers and issue invoices on completion of work with the usual payment terms, which can be 30 to 90 days.

Step 2

Set up your invoice finance facility with Key Factors by completing a short online form providing basic information about your business. The information provided is verified by our team, and when approved, you get a response within 48 hours from when you submit the application form.

Step 3

Once approved, the facility is set up and you can send us a copy of the invoices you want to finance. We will extend you up to 80% of the invoice value and credit it to your account within 4 hours.

Step 4

Once we receive the full invoice payment from your client, we forward the balance on the invoices to you minus our fee.

Key Factors provides selective invoice finance, allowing the business to determine the number of invoices they want to finance depending on their cash flow needs. Also, there's no limit to what the business can do with the unlocked funds. You can use the funds to pay suppliers, meet ATO obligations, or purchase inventory.

Why Invoice Finance is Important for Your Business

Quick Access to Cash

Every business needs adequate liquidity to remain operational. Traditional loans have long approval processes that make them impractical for businesses looking for a quick cash injection to solve this problem. With invoice finance, you can have cash in your account within 4 hours, making it an exceptional source of quick cash for the business to help it overcome any cash flow challenges.

No fixed Collateral Needed

The only collateral you need for our invoice finance facility is the unpaid invoices. You don't need to tie down any other assets, allowing you to take advantage of any emerging opportunities, and the service is also available for businesses that don't have equity sitting in any fixed assets.

Saves Time and Resources

Setting up your invoice finance facility at Factoring Company is quick and easy. The entire process is online, and you can set it up in a few minutes compared to the weeks it takes to apply for a bank loan and chase the approval. Also, having a substantial amount of the invoice extended to you means you don't have to put as much time into chasing down clients, and you can focus on growing your business.

It’s Scalable

Our invoice service facility can scale with the business’s needs. You can finance as many invoices as you need to cover your expenses.