Debtor Finance
- Unlock the cash flow in accounts receivable
- Get funded up to 90%
- Borrow from $5k - $150M
- Works as a business line of credit
- No other security required
What is Debtor Financing?
Debtor Financing is a facility that allows businesses to receive financing capital related to a portion of accounts receivable. It is another method to boost the working capital/cash flow of a business.
Under debtor finance, lenders provide a limit against the accounts receivables ledger of the business. Businesses can get financed up to 90% of their receivable ledger. They don’t require to provide any additional security.
Similar to a business line of credit, the interest is only charged on the amount drawn and not the entire limit. This allows businesses to stay on top of businesses’ expenses and make growth decisions.
What makes me eligible for Debtors Financing?
-
Business must have an active ABN or ACN
-
A business must have an accounts receivable ledger from other Australian business.
-
Debtor aging must not be more than 90 days.
Reviews on Google
Alexander Pacitto
2022-05-27
Saroj was fantastic in getting finance organised for my business. Efficient, responsive and concise. Recommend.
Arjuna Gunasekara
2022-05-19
Callum Baxter
2022-05-17
Vicky Angelucci
2022-05-17
Quick, efficient and easily understood our needs as a small business. Thank you Saroj.
Raphael Mamudi
2022-05-16
Saroj is a life saver. I’ve never met such a genuine and more passionate person about their job. He has absolutely gone above and beyond for me and my business and am so grateful our paths crossed. Thank you brother!
Shey Bhatti
2022-04-20
They are the best, I was having defaulted credit application and they sorted me with quick funds to resolve my issues, Also the best part they removed my Default flag on credit file. Many thanks SAROJ
Josh Zhang
2022-04-08
Dealing with Saroj is nice and easy. He is really professional and diligent ☺ The process is so smooth, I just need to provide all the details then it's done.
Kate Tiller
2022-04-04
Saroj was incredibly efficient and made this whole process so simpleand easy., I was thrilled to have my approval so quickly and managed so well. I highly recommend Saroj and this team any day of the week!
Kate
ALDEN ARRIGHI
2022-03-24
As a Small Business owner of AA DOOR SERVICES, i would like to thank Sanroj for his help for my financial need with regards to Cash Flow so i can scale up and grow my business. Sanroj was very helpful from the minute i spoke to him over the phone. He walked me through it every step of the way to help me out and speed things up. Overall, a friendly guy and i did not feel pressured while i was on the phone with him. Everything went so smooth and within the duration of 48 hours maximum, the money was in my Business Account. Definitely recommend Broc Finance.
Thanks again Sanroj
Kind Regards,
Alden Arrighi
AA DOOR SERVICES
Ng Family Enquiry
2022-02-24
Critical Information Sheet
| Loan Amount | $5k- $150M |
| Term | Ongoing |
| Can be used for |
|
| Repayments | Gets settled against payment of debtors within 60-90 days |
| Security | Secured against current assets of the business No real estate security required |
| Pre-Approval Time | 24 – 72 hours |
| Unconditional Approval and Settlement Time | 7-10 days |
| Documents required |
|
| Interest Rates | Starts from 4.95% p.a. |
| Benefits |
|