Maintaining cash flow through the growing faze of the business is a difficult problem to solve. Trade Debtor Finance Consultants (TDFC) specialises in finding products and lenders, and help customers improve their business.
Debtor finance or factoring solutions offer invoices to a lender and instead of getting paid in 30 -60 days, the lender verifies the work is complete and provides users invoice in 24 hours at a small fee. Once invoices are paid the lender would take their fees and give the remaining of the invoice. Factoring solutions provide partnership or draw down facilities that work similar to an overdraft. These facilities are cheap as they let users run their own businesses and charge purely a finance fee, unlike the full service products.
TDFC specialises in debtor finance and factoring for 2 years and they provide consultancy services across Australia. The company encourage accountant to give an alert ring for some inside knowledge to over 25 lenders and 9 different products at no direct charge. A consultant will be on hand to help through most situations that occur in these facilities. This is not offered by most other brokers, introduces, or in some cases salespersons in the Factoring industry.