Debtor finance
Many businesses in Australia are not aware that they can use their debtor book, to effectively finance growth and even out cash flow. Liberty’s Debtor Finance provides an innovative alternative to businesses overdraft facilities – one that is based on your debts without the need for bricks and mortar security.
What is Debtor Finance?
Debtor Finance is one way for businesses to raise working capital.
Debtor Finance – also known as invoice discounting - provides the business (the borrower) with finance based on the value of its outstanding debts. A revolving credit facility is set up which provides funding at up to 90% of the value of invoices being issued by the business. The rest is made available to the business, less any interest or fees, when their customer (or debtor) pays.
For more information on Liberty's debtor finance product, please fill out our business loans short form.
