Easy & Quick Commercial Factoring In Warkworth

Commercial Factoring
Warkworth

Your Leading Warkworth Commercial Factoring Specialists

Easy & Quick

Commercial Factoring Warkworth

Financing your invoices with Asset Factors is a fast, flexible and easy way to sort your business cash flow issues. By using your invoices for security, often we can have you approved, and funds in your bank account within one business day.

✔ Quick & Simple Application Process

Easy application process that helps you get fast approval.

✔ Quick Turn Around

We can pay out up to 80% of your debtors ledger (accounts receivables) within 24 hours.

✔ No Assets Needed

Instead of assets you can use your accounts receivables, your customer invoices, as security.

✔ Growth Focused

We help provide you the cash flow needed for gorwing your business.

To find out more and to get started, get in touch with us today.

How It Works

Apply Online

Get Started and Apply Online in Less Than 1 min.

Fast Approval

Our experieced people will let you know how we can help.

Funds Paid

We can often get funds in your bank account within a day.

Finance For Your Warkworth Business

Commercial Factoring

Getting started with commercial factoring is straightforward. An invoice factoring facility allows you to convert your debtors ledger (the businesses you’ve invoiced and are yet to pay) to cash immediately, thus increasing your working capital and enabling you to focus on growing your business.

Also known as cashflow finance, invoice factoring and invoice discounting, invoice finance provides an alternative to the traditional bank overdraft, bankl loan, or line of credit.

You can borrow up to 80% of the value of your invoices on an ongoing basis, usually while retaining any existing banking facilities that you may have.

You send your invoices to us for funding then we look after the collections for you. We send out account statements and follow up overdues.

The remaining 20% of the invoice amount is made available when the debtor pays.

You will no longer need to plead your customers for much need cashflow before being able to make the next move.

For more information please see the FAQ.

Faster Cashflow Means More Working Capital

Commercial Factoring Warkworth

Slowpaying customers can halt your business operation and future plans - bills, payroll, investment in equipment and technology, or hiring more staff to help you grow your firm. We have a solution: invoice factoring.

What to do when clients are taking way to long to pay you for work you did ages ago? This is where invoice factoring can help a company get the near instant cash advances on its outstanding accounts receivables.

Commercial Factoring Can Help

Many Warkworth SME owners keep an eye on ongoing cash flow. Fortunately for companies that are concerned about their cashflow, there are a range of different business funding options available to assist you in achieving a stronger financial position. One of these is invoice financing – an innovative financial product that can help organisations to manage their cashflow.

Invoice factoring works by sending invoices to us as basically your contracted credit department for collecting the invoice and handling the payment. You receive an upfront payment for the invoice, without the need to invest in resources to chase up the customer.

This upfront payment represents the majority of the invoice’s amount, with what’s left transferred once the invoice is settled with the debtor. The exact amount will depend on a number of different factors, however it is possible for companies to receive up to 80 per cent of the invoice upfront.

Delivering Cash Flow Predictability With

Warkworth Commercial Factoring

At Asset Factors, our offering allows approved businesses to have the invoices for their quality B2B clients paid quicker. This reduces annoying waiting and provides cashflow peace of mind.

We help small to medium businesses grow by reducing their most common worry – cashflow stress. Our people understand the challenges of operating a company and how flexible thinking can help companies not only meet their financial obligationsbut plan for growth. We work closely with our clients to ensure that our services are right for your firm. We love getting to know our customers and your industry and providing you with a platform from which to grow.

For our customers, commercial factoring and our debtor finance services simply provides better cashflow when they need it. Our invoice factoring is available to firms that provide goods or services to business customers. Once approved, you have the flexibility to choose those invoices you would like to be paid by us, what percentage to fund and at what time. You can use our services as little or as much as you desire, which puts you in control of your cashflow.

Sick of waiting until the 20th of the month or being paid 60 or 90 days from when you invoice? With Invoice Factoring now everyday can be like the 20th of the month. Get access to funds when you invoice without the huge wait for clients to pay.Commercial Factoring Warkworth

Frequently Asked Questions

How does it work?

Submit copies of your invoices to your Asset Factors and receive up to 80% of the value of those invoices into your bank account. Your customers pay your us, and we then releases the remaining 20% to you. Keep submitting invoices for continuous cash flow.

What businesses are suitable for invoice factoring?

Invoice finance is for businesses that provide goods and services to other businesses on credit. If your customers are a mixture of private individuals and commercial, only invoices to your commercial customers will be funded against.

What security would I need to provide?

Most of the time you do not put up any personal property as security. Your business provides the security and there will need to be guarantees from the directors of the business.

Commercial Factoring

Do I need to submit all of my invoices?

You can choose whether to get funded against the invoices for one, some, or all of your customers. For your selected customers, you do need to fund against all of their invoices so that they only have one bank account to pay into.

Do my customers need to know that I am factoring?

Most invoice finance facilities are disclosed, meaning that your customer is aware that they are paying their invoices into the bank account of a finance company. If strict criteria are met, you may qualify for an undisclosed or confidential factoring facility.

What does it cost?

The administration fee settled on will vary depending on the size of the facility, number of debtors, invoicing cycles and other characteristics of the business and the industry you are working in. Fees may range from 1% to 5% of the face value of invoices submitted for funding. Interest is charged only on the amount borrowed (not the facility limit) and is comparable to the before-fees interest rates of bank overdrafts.

Here to Help

Growth Focused

Let Your Ideas Shine

Solve Financial Problems

Trusted & Experienced

About Us &

What We Do

Asset Finance Limited has been supporting New Zealand small business for over 20 years and is a non-bank issuer governed by the Reserve Bank. Its professionalism is unquestionable and its reputation on the New Zealand business markets is impeccable. Asset Factors operates from their Auckland and Whakatane offices and has the clout of this New Zealand icon company to support its factoring operation. We are also able to provide vehicle, plant and equipment and property loans directly from Asset Finance.

We are not a bank, you are not a number

While New Zealand banks are very good they will always lend on their terms only and do not have the same flexibility that our specialist invoice finance company does. We learn our client’s idiosyncrasies and adapt our facilities to suit individual needs in the spirit of partnership.

Professional yet flexible

We have professional, international grade systems and an interactive client portal that enables us to provide headache free funding solutions. Our flexibility in no way compromises the professionalism that Asset Finance has been delivering to customers for many years.

Competitive rates

Factoring with Asset Factors does not need to be expensive as our tried and proven systems serviced hundreds of New Zealand clients in the past. We charge a simple interest rate and a single admin fee based on invoice value. If your invoices are paid within 90 days this is it, we do not charge additional fees when an invoice goes to 30 or 60 days as many other New Zealand factoring companies do.

Your Warkworth Commercial Factoring Specialists

Invoice Discounting

We provide Invoice Discounting services.

Invoice Factoring

We provide Invoice Factoring services.

Faster Cashflow Means More Working Capital

Invoice Finance

We provide Invoice Finance services.

Invoice Funding

We provide Invoice Funding services.

Accounts Receivable Factoring

We provide Accounts Receivable Factoring services.

Accounts Receivable Financing

We provide Accounts Receivable Financing services.

Debt Factoring

We provide Debt Factoring services.

Debtor Finance

We provide Debtor Finance services.

Get Started

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