How It Works
Learn How To Get Invoices Paid in as quick as 4 Hours
with our invoice debtor finance services.
Improving your business cash flow is as simple as 1 2 3
Benefits Of Invoice Factoring
Additional cash flow for
business growth
FAQs
Invoice factoring or debt factoring is a service where a business receives access to funds owed to them before it is paid by their customers. The business sells its accounts receivables to a third party (called a Factor) at a discount, in order to get access to immediate cash. Businesses can use invoice factoring to improve their cash flow, get on top of ATO obligations, cover the gap of slow payments, take advantage of early payments discounts and grow their business.
Key Factors is a invoice factoring and debtor finance company which helps SMEs from a wide range of industries improve their cash flow by converting their invoices into immediate cash. Key Factors is one of the largest independently owned invoice factoring companies in Australia and have been in business for over 30 years, specialising in cash flow finance, invoice finance, invoice discounting, and factor finance services.
Companies benefiting from Key Factors flexible invoice factoring facility generally have a high level of customers on accounts for the provision of goods or services, and have an annual sales turnover ranging from $500,000 to $30 Million.
Invoice factoring costs vary depending on the factoring company. Usually a flat factoring rate is applied which will determine the factoring fee. See below for an example of how a flat factoring rate is applied based on an invoice of $1,000, which is paid in 30 days after it was factored. Invoice value: $1,000 Flat factoring rate: 3% for 30 days Factoring fee: $30 Additional factoring costs in conjunction to the flat factoring rate may apply depending on the provider. Some examples are below: Base rate: Usually in line with Bank Bill swap rate. Administration fees: A percentage charged on the face value of invoices factored e.g 1% Service fees: Monthly flat fee e.g. $1,500 At Key Factors we only charge a flat daily rate on what you use. There are no ongoing monthly admin fees or annual charges associated with Key Factors’ invoice factoring service.
Call 1300 884 100 to get a quote today!
No, Key Factors’ flexible invoice factoring facility does not require you to submit all your invoices for funding. You can factor as much or as little as you like and only pay for what you’ve used.
Apply online, call us 1300 884 100 to find out more, or fill out an enquiry form and we will be in touch within 1 hour.
A response is provided with 24 to 48 hours of receiving your application.
Invoices are processed on the same day and funds are credited to your account in as quick as 4 hours.
Invoice factoring works for businesses by allowing them to send or upload invoices to the factor company. The business then receives access to funds owed to them before they are paid by their customers. The business sells its accounts receivables to a third party (called a Factor) at a discount, in order to get access to immediate cash. Businesses usually receive 80% of the invoice value in as quick as 4 hours. The remaining 20% is made available once the invoice is paid. It works by allowing businesses to maintain cash flow, cover the gap between slow payments, and take advantage of early payment discounts. Collections of the invoice is sometimes managed by the factor depending on the arrangement.
FAQs
Invoice factoring is a service where a business receives access to funds owed to them before it is paid by their customers. The business sells its accounts receivables to a third party (called a Factor) at a discount, in order to get access to immediate cash. Businesses can use invoice factoring to improve their cash flow, get on top of ATO obligations, cover the gap of slow payments, take advantage of early payments discounts and grow their business.
Key Factors is a invoice factoring and debtor finance company which helps SMEs from a wide range of industries improve their cash flow by converting their invoices into immediate cash. Key Factors is one of the largest independently owned invoice factoring companies in Australia and have been in business for over 30 years, specialising in cash flow finance, invoice finance, invoice discounting, and factor finance services.
Companies benefiting from Key Factors flexible invoice factoring facility generally have a high level of customers on accounts for the provision of goods or services, and have an annual sales turnover ranging from $500,000 to $30 Million.
Invoice factoring costs vary depending on the factoring company. Usually a flat factoring rate is applied which will determine the factoring fee. See below for an example of how a flat factoring rate is applied based on an invoice of $1,000, which is paid in 30 days after it was factored. Invoice value: $1,000 Flat factoring rate: 3% for 30 days Factoring fee: $30 Additional factoring costs in conjunction to the flat factoring rate may apply depending on the provider. Some examples are below: Base rate: Usually in line with Bank Bill swap rate. Administration fees: A percentage charged on the face value of invoices factored e.g 1% Service fees: Monthly flat fee e.g. $1,500 At Key Factors we only charge a flat daily rate on what you use. There are no ongoing monthly admin fees or annual charges associated with Key Factors’ invoice factoring service.
Call 1300 884 100 to get a quote today!
No, Key Factors’ flexible invoice factoring facility does not require you to submit all your invoices for funding. You can factor as much or as little as you like and only pay for what you’ve used.
Apply online, call us 1300 884 100 to find out more, or fill out an enquiry form and we will be in touch within 1 hour.
A response is provided with 24 to 48 hours of receiving your application.
Invoices are processed on the same day and funds are credited to your account in as quick as 4 hours.
Invoice factoring works for businesses by allowing them to send or upload invoices to the factor company. The business then receives access to funds owed to them before they are paid by their customers. The business sells its accounts receivables to a third party (called a Factor) at a discount, in order to get access to immediate cash. Businesses usually receive 80% of the invoice value in as quick as 4 hours. The remaining 20% is made available once the invoice is paid. It works by allowing businesses to maintain cash flow, cover the gap between slow payments, and take advantage of early payment discounts. Collections of the invoice is sometimes managed by the factor depending on the arrangement.
What Our Customers Are Saying
Key Factors provide a very professional service. The team are extremely helpful and personable at all times. The service has been very beneficial with helping our business grow by alleviating the stress out of cashflow management. We would highly recommend the services of Key Factors.
Alma Cunningham
4/16/2019- Oh my goodness, I can not tell you just how wonderful our experience has been so far. Frank Rho and Sharon Hinkley, in particular are a stand out with their patience and such a pleasure to deal with. No question is too silly or too hard for them to help with. I especially love dealing with real people in real PERTH time.
Fleur Gregory
3/28/2019 - KeyFactors have been instrumental in guiding BT People through periods of rapid growth as we engaged in various projects over the past seven years. Their service delivery is highly professional and consistent across the organisation. Highly recommend.
Ron Prasad
8/03/2019
