Debtor Finance
Lock Finance's Debtor Finance product can provide immediate access to cash tied up in your debtors ledger.
Debtor Finance is ideal for established businesses who have been trading for more than a year and with a turnover of more than $750,000
Our debtor financing products offer
- Up to 80% of the total debtors ledger within 24 hours
- No fixed limit - as sales and debtors grow so does access to cash
- A website with summary information of the sales ledger, current account (including funds available) information and the ability to request drawdowns
- No requirement for early repayment discounts with your clients
- A reduction of any reliance on personal assets being used to support business debt
- Confidentiality. Management of the ledger remains with the client
Fees
- Establishment fees and interest charges apply
Our normal lending criteria apply.
Complete the enquiry form at the top of this page now for an initial assessment and to find out how we can help your business grow.
Downloads:
Debtor Finance spec sheet
Flexible Financing case study
Lock has enabled us to continue our business. Because so much of our volume was in the ledger, it was difficult to know our requirements.