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.