Boost your purchasing power with a revolving line of credit.
Increase cashflow by unlocking the power of your receivables.
Pay your sellers on day one for a discount, and get extended terms.
Use your credit cards, bank account, and Octet finance to pay your sellers.
Wholesale
Manufacturing
IT hardware and equipment
Construction and engineering
Agribusiness
Retail
Materials
Pharmaceutical
Transport
Labour hire
Food and beverage
Healthcare
eCommerce
Easy access to all your credit cards, bank accounts, and Octet finance.
Do business in your language with over 200,000 members worldwide.
Pay your domestic or international suppliers with built in spot FX rates.
Track and validate your supply chain from purchase order to payment.
You’re in good hands with our bank-level security processes.
Earn valuable reward points for every dollar spent through Octet.
This family-owned company began in 2003, and now manufacture timber and plastic pallets, along with plastic and produce bins, for export and domestic customers. The business group consists of both the manufacturing facilities and a sawmill to ensure their supplies.
Although the company had finance in place with a local bank, they wanted more flexibility. Their ideal solution involved splitting their funding across their existing bank facility and more innovative supply chain funding.
The company’s financial adviser approached Octet to discuss a solution that would support the business group’s growth objectives.
Octet approved a combination of working capital facilities to suit the client’s needs, implementing a $3 million Debtor Finance facility, as well as an initial $300,000 Trade Finance facility. This decision was based on the business’ solid profits over the past three years and strong forecast revenues. Octet will review the Trade Finance limit once the company’s final FY19 financials are available.
This combination of supply chain funding lines is an excellent example of how a business can increase their working capital to pursue growth opportunities for a bright future.
Talk to us today
