Power to trade Working capital finance in the Healthcare industry
Getting hospitals, medical practitioners, distributors and other customers to pay you can take time. Meanwhile, you still need to pay your suppliers for equipment manufacturing and other consumables. The longer you have to wait for payment, the more it restricts your growth.
It’s time to refocus on what you do best, and worrying less about your cash flow. Our working capital finance solutions for the healthcare industry help by unlocking the opportunities in your supply chain.
Power to grow
Access the funds tied up in your supply chain to release the capital you need to grow your medical, dental or veterinarian business. Our Trade Finance and Debtor Finance solutions make it easy to close the working capital gap.
That means you can effectively set your own trading terms with suppliers – opening up the way for greater growth.
Power to collaborate
Offshore manufacturing and on-selling of medical, dental or vet equipment can involve high initial import costs that put a serious strain on your cash flow. Supply Chain Accelerate gives you more time – 90 days – to pay, while potentially benefiting from early payment discounts from your supplier.
The bottom line is increased cash flow, more liquidity, and ultimately, less risk for your entire supply chain.
Power to do business globally
As a medical, dental or veterinarian business, you often need to pay overseas suppliers for goods and services upfront, before they’re manufactured, shipped or delivered. Not only does this generate cash flow pressure, but the international transactions create administrative headaches too.
Our secure network removes the hassle by enabling you to make cross-border payments using your existing debit/credit card, bank account or an Octet Finance solution.
Plus, our bank-beating FX rates allow you to pay your supplier in a choice of 15 currencies. Meanwhile, you’ll have clear, upfront visibility into exactly how much you’re paying in your own currency.
Powering the Healthcare industry
Increase your purchasing power
- Increase your purchasing power
- Enjoy up to 120-day repayment terms, and up to 60 interest-free days
- Pay any deposit requirements on international orders
- Access 100% funding
- Potential to earn Qantas Points
Relieve cash flow strain
- Relieve cash flow strain
- Access funding of up to 85% on unpaid invoices within 24 hours
- Diversify your funding sources without relying on banks
- Take advantage of a funding limit that grows with your business
Increase your business cash flow
- Increase your business cash flow
- Extend your payment terms to 90 days
- Enhance your financial metrics with off-balance-sheet funding
- Avoid supply chain disruptions
- Reduce your supplier’s liquidity risk
Expand your business globally
- Expand your business globally
- Take advantage of bank-beating FX rates
- Pay suppliers in 15 currencies anywhere around the world
- Pay with your existing credit/debit cards, bank accounts and Octet Finance solutions
How Octet Trade Finance powers Go Vita
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“Our Partnership with Octet has been really important for the growth of our business. It takes a lot of expense to launch new brands to market and continue to innovate. Octet have proven for over a decade to be the right finance partner for us.”