Debtor finance

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Imagine how much easier life would be if most of your business sales were in cash. Our Debtor Finance product can provide immediate access to cash tied up in the debtors ledger. This product is ideal for more established companies who are experiencing growth or seasonal constraints and want to maximise the amount of cash they can borrow against their business assets.

Debtor Finance allows companies to control their debtors ledger. And total confidentiality is assured as clients or any other third party will not know of our involvement.

Ideal for established businesses who have been trading for more than a year and with a turnover of more than $750,000.00

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
  • For more information on costs please contact a member of our business development team on 0800 ASK LOCK (0800 275 562) or via our contact form

Our normal lending criteria apply.

Contact us now to find out how we can help your business grow.

Email us or call for an intital assessment - Freephone 0800 ASK LOCK (0800 275 562)