Grow smarterGet up to 85% of your invoices paid now
Debtor Finance How it works
Get started
with Debtor Finance
5,000,000
500,000
Your upfront cash availability could be up to*
$425,000
With funds advanced within
24 hours
Get in touch with one of our Debtor Finance experts to discuss your tailored working capital solution.
Unfortunately, you don't meet the criteria for our Debtor Finance facility.
Why chooseDebtor Finance?
- Get access to your cash much faster than a bank can offer.
- Access your money without security.
- Improve cash flow and power business growth.
- As your receivables grow, so does your availability.
- Diversify funding while relying less on banks.
- Make your business self-replenishing.
Harness your business potential
We offer a range of Debtor Finance solutions to suit your industry’s unique needs so you can better manage your business cash flow, operations and future planning.
See how Debtor Finance powers business
“Octet provides my business with an opportunity to grow – something the banks don’t do.”
Your Debtor Finance questions answered
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Does my business qualify for Debtor Finance?
Our Debtor Finance facility suits a broad range of businesses from early stage, to established organisations, to businesses in difficulty. It’s also a flexible option for businesses that are experiencing losses and might be in tax arrears.
To qualify, you’ll need to:
- be in an industry that provides proof of debt (unfortunately the Construction industry is problematic here due to progress claims)
- have more than one business-to-business client on your receivables ledger, with a total ledger value of $100K or greater
- have an appropriate spread of customers
- have at least 2 years trading history
- have an annual turnover of at least $1 million.
We’ll then use your credit rating to determine whether confidential or disclosed Debtor Finance suits your business best.
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How does this compare to a bank overdraft?
A bank overdraft requires you to secure the funds – often with personal assets. With Debtor Finance, you don’t need to provide any personal security. Instead, your facility is secured against your business and the receivables themselves. That means every sale contributes immediately to your business success – the more sales you make, the more your working capital facility grows too.
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How quickly will I be paid?
Once you’ve uploaded your invoices, we’ll provide access to up to 85% of the invoice funds within 24 hours.
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How much funding can I access?
You can convert up to 85% of your company’s invoices into an immediate cash injection.
It’s time to Power your business
Turn invoices into cash to strengthen your cash flow, meet day-to-day outgoings and grow faster.