new zealand's largest
alternative finance
source for small business
alternative finance
source for small business
How Does It Work?
- You provide the goods or services to your customer - then issue an invoice.
- You sell us this invoice - we pay you 90% of its value.
- Your customer pays us the invoice on its due date - but you stay in control of the debtor communication.
- The cost of this service is from 4% of the invoice value. There are no establishment fees.
- The entire process can take as little as 48 hours the first time. Repeat transactions can be completed on a same day basis.
WHO USES THIS SERVICE >
How Does It Help Me?
- No waiting for your customer to pay.
- Your invoice is ‘paid’ when it is issued.
- This helps you to pay key suppliers, payroll etc on time.
- You also have the cash to buy more materials or inventory.
- Your stress is reduced – you can concentrate on the business without the cashflow worry.
WHO USES THIS SERVICE >
Give Me An Example:
- You have a customer who has given you 2 months of work.
- Payment terms are 30 days, but this could become almost 60 days from the date you actually commence work.
- During this time you have to cover payroll, suppliers, equipment finance and other direct costs until the customer's money arrives.
- If your working capital resources are inadequate to cover this period you need help.
- Invoice discounting enables you to receive cash from your first invoice the day after you issue it – some 30-40 days earlier than would otherwise be the case.
WHO USES THIS SERVICE >
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Copyright © 2011 Interface Management Limited
faqs | about ifg | news | case studies | home
Copyright © 2011 Interface Management Limited
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Get started with a free consultation. We're happy to discuss your funding needs without cost or obligation.