Another Done Deal
Australian Invoice Finance recently took on a mid-sized building services company. The business ran into difficulties with its existing credit provider due to restrictions on funding the invoices of its largest customer.
It was also required to provide security over real property. Australian Invoice Finance stepped in with a facility where there was no restriction on funding the client’s biggest debtor. Nor did we require security over real property, which enabled the client to utilise the equity in their property to secure funding for a further property investment.
Our client is now up to date with payments to suppliers and tax obligations thanks to the additional funds provided under the invoice finance facility. Another Done Deal!
Find out more about how AIF can help your business take control of cash flow.