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With COVID-19 taking its toll on businesses throughout the country, JobKeeper became a lifeline for many companies and their employees. As cash flow dried up and employers were forced to make the hard decision on scaling back, the JobKeeper subsidy became a safety net for more than 3.5 million Australians. 

Jobkeeper was never intended to be a permanent solution and the tap could be turned off in less than 5 weeks. With more than 1.5 million workers still receiving the subsidy today, businesses need to start seeking alternative funding solutions such as debtor financing to ensure they have sufficient cash flow to continue to run their business.

Use Debtor Financing To Cover The Gap

Debtor financing eases the strain on your cash flow by allowing you to convert sales invoices into immediate cash, rather than waiting 30, 60, or even 90 days, for your clients to pay their invoices.

This helps keep cash moving through the business, so you can pay your employees, manage your ATO obligations, meet operating expenses, and even grow during this challenging time. 

With the JobKeeper payment potentially coming to an end, having a more predictable cash flow stream could be the difference between retaining or losing some of your best workers.

How Does Key Factors Debtor Financing Works?

Key Factors debtor financing gives you quick access to money you have already earned in 3 simple steps:

  1. Invoice your clients as normal, and send us copies of invoices you want to be funded.
  2. Key Factors will credit your account with up to 80% of the invoice value, in as quick as 4 hours.
  3. We will transfer you the remaining 20% less any accrued fees when your client pays us.

When you use Key Factors debtor financing, you are working with a company that has over 31 years of experience in helping Australian businesses improve their cash flow.

Who Does Debtor Financing Suit?

We help small to medium businesses, including start-ups, cover the gap of slow-paying clients and manage their cash flow needs. 

Companies benefiting from Key Factors debtor financing generally have a high level of customers on accounts and have an average monthly turnover of $50,000 or more.

Businesses that have a growing pipeline or need to turn their business around by improving their cash flow, should also look into debtor financing. 

With the uncertainty of the JobKeeper subsidy potentially ending, seeking alternative funding solutions to cover the gap should be a high priority for businesses right now.

Benefits of Key Factors’ Debtor Financing

If you are looking for a fast and flexible business finance solution, you should speak to our team to explore the following benefits in working with us:

No Hidden Fees: We are transparent about fees from the start so there are no nasty surprises. Use our funding calculator to work out how much funding you can get and how much it is going to cost.  

No Property Security: Use your accounts receivable and not your family home to finance your business. 

No Lock-in Contracts:  Use us when you need us and leave us when you don’t.

No Quarterly Audits or Intrusive Shadow Software: You retain the freedom to run your business, while we help to manage your factored accounts and funding requirements.

Fast Approval: Don’t expect to wait weeks for approval. We aim to get back to you within 24 to 48 hours of receiving your application.

Fast Funding: Invoices are processed the same day and funding of invoices can occur in as quick as 4 hours.

Flexible Funding: Use debtor financing as much or as little as you’d like to meet your cash flow needs. We allow selective factoring so you are not required to finance all of your invoices.

Since 1989, Key Factors has grown to become one of Australia’s leading debtor finance companies.  We are independently owned with offices in Sydney, Perth, Melbourne, and Brisbane. We work with businesses Australia-wide in a range of industries including recruitment, labour-hire, manufacturing, wholesale, transport, business services, and more. 

Our personalised financial solutions are tailored to meet your unique needs, and our friendly cash flow experts are always on hand to assist you at every stage of your business journey.  

We understand the challenges small and medium businesses are facing, particularly during these uncertain times. Contact us today by calling 1300 884 100, to discuss how you can turn your unpaid invoices into cash and immediately improve your cash flow. 

Why Managing Your Mental Health and Your Cash Flow is More Important Than Ever

Businesses everywhere are under constant pressure to evolve and minimise the impact of COVID-19. Indeed, the stress may be coming from all directions. You might find yourself applying for government assistance for the first time as your business faces financial strain from a cash flow shortage. Alternatively, you might be forced to downsize or face the prospect of closing your doors for good. You might have pivoted your business or started to revamp your activities as the ease of restrictions flow through.

The pandemic has more than financial ramifications: it can take a toll on you and your employees’ mental health. It is more important than ever to know where the business is going by creating a cash flow forecast, and equally important to look after your mental health and that of your staff.

Identifying and Managing Mental Health Risks

Ongoing stress can lead to forgetfulness, indecisiveness, difficulty concentrating, short attention span, irritability, anxiety, depression, anger, insomnia, and increased risky or unhealthy behaviours (such as drinking, smoking, or overeating). Your employees will face stressors you have no control over, but there are work-related stressors you can help control. In fact, you are legally required to protect your workers’ mental health by providing a safe workplace, preventing discrimination and harassment, and protecting employee privacy.

Safe Work Australia has outlined a range of hazards factors in the workplace which can lead to health-related stress to consider:

  • Increased demand on employees: Are they being asked to work longer hours for less pay during the pandemic?
  • Poor support: Do your employees have mental health resources available to them? Do they feel safe to talk to you about their mental health concerns?
  • Poor relationships: Are there conflicts among co-workers that need to be resolved?
  • Poor working conditions: Is your workplace uncomfortable? Have you taken steps to make it as comfortable as possible? Is it safe from physical hazards?
  • Poor organisation or lack of role clarity: Does everyone know what to do and how to do it? Do they understand the importance of their role within the company?
  • Lack of transparency: Particularly during the pandemic, are you being upfront about the state of your company and where your employees stand? Do they feel like their jobs are secure?
  • Traumatic events: Have there been workplace accidents or disasters?

By identifying the hazard risks in your workplace, you can take the steps to mitigate them.

Looking After Yourself and Supporting Your Staff

Whether you are a business owner or a manager, it is important to look after your own physical and mental wellbeing so you can be a pillar of support for your staff.

It’s important that your employees know you care and that you’re open and honest with them during this difficult time. Talk to them to see if there’s anything they need, and provide a list of resources that may be helpful. Beyond Blue offers a mental wellbeing support service with online forums and a variety of resources along with counsellors you can reach via phone or online chat.

As a business owner, you should also take steps to control what you can. While there is a lot of uncertainty, you can still prepare for the future by maintaining contact with your customer base, enhancing your knowledge, and preparing a cash flow forecast so you can have a clear picture of how the business is travelling.

The Importance of Preparing a Cash Flow Forecast During COVID-19

A cash flow forecast is an estimate of your cash flow to ensure you have enough money to meet ATO obligations, pay your employees, maintain your inventory, and more. With all the uncertainty amid COVID-19, it’s more important than ever to know what money you can count on and what you’re going to need for your business to survive the pandemic.

Simple Steps to Prepare a Cash Flow Forecast

There are various financial forecasting software to aid your business with preparing a cash flow forecast. Or you can follow the steps below to prepare a simple cash flow forecast spreadsheet for your business.

  • Choose Your Forecasting Period: Are you forecasting for a month? Three months? With the ever-changing economic environment, you might find it’s more beneficial to forecast monthly, as it gets harder to predict accurately over longer periods.
  • List All Your Income: Consider all sources of income including sales as well as any government assistance or grants you have right now. Review trends from previous periods and note down cash you believe will actually be in your account for the time frame you are forecasting for. Add up the total to get your net income.
  • Note Down All Your Expenses: Your expenses are all your outgoings, like rent, ATO obligations, wages, bills, marketing expenses, bank fees, the list goes on. By adding up all your expenses, you will get your net outgoings.
  • Cash Flow Running Total: To work out your cash flow position, you simply subtract the total net outgoings from your total net income. A positive cash flow indicates that you’ve got more cash coming in than you are spending. A negative cash flow represents the opposite, and you are actually spending more than you’ve got coming in. It’s a good idea in uncertain times to keep a running total from week to week or month to month, to allow you to pick up any positive or negative trends to examine further.

The Advantages of Attaining Cash Flow Finance to Reduce Financial Strain and Stress

Why Managing Your Mental Health and Your Cash Flow is More Important Than Ever

Cash flow finance is one way to reduce business-related stress associated with COVID-19. Instead of waiting 30, 60, or even 90 days for your customers to pay their invoices, you can use cash flow finance to bridge the slow-payment gap and work through the challenging uncertainty of the pandemic. You can pay your employees, cover ATO obligations, and more, with a steady cash flow based on goods and services you’ve already sold and delivered.

With Key Factors cash flow finance, you can get your invoices paid in as quick as 4 hours in 3 simple steps:

  • Invoice your clients and send us a copy.
  • In as quick as 4 hours, we will advance up to 80% of the invoice value.
  • We will credit your account with the remaining 20%, less any accrued fees, when your customer pays us.

Learn More About Managing Your Mental Health and Your Cash Flow

For more than 30 years, Key Factors has been helping small and medium businesses throughout Australia improve their cash flow. We offer personalised service with a simple and transparent process. Our cash flow finance facility also has no lock-in contracts, no minimum factoring volume, no property security, no quarterly audits, and no monthly admin fees. Send us the invoices you require funding for, and you will only be charged for what you use.

Taking care of your mental health has many facets, and reducing your company’s financial stress with cash flow finance can help. Contact us now to find out more and get approval in as quick as 24 hours.

When your business is struggling with the cash flow it needs to grow, or even simply to survive during trying times, it may be tempting to use your house to help you finance your business. A secured business loan might aid in providing your business with the cash injection it needs, but it comes with a high price of potentially losing your home if you can’t repay the loan.

It’s important to understand exactly what you’re getting into if you do apply for a secured business loan, and you should also know there’s another option. With invoice financing, you can use your sales invoices as security to get access to immediate cash flow, instead of using your home to fund your business.

Why take the chance of losing your home when you can simply release cash from your invoices, getting prompt access to money that you’ve already earned? Let’s take a closer look at the difference between a secured business loan and using accounts receivable as collateral to finance your business.

What Is a Secured Business Loan?

When you take out a secured business loan, you have to offer some form of assets as collateral. Assets commonly used for a secured business loan are a commercial property, residential property, vehicles, and equipment. In some cases, banks tend to also take a blanket security over all the assets of the company.

Secured loans make the transaction less risky for the lending institution, as they can take the asset to recoup any losses when you are unable to make your loan repayments. Business owners who use their home as collateral can run the risk of losing their home if they default. If the bank or lending institution has a blanket security over all the assets of the company, you could also run the risk of losing your business as well.

Key Factors invoice financing does not require property security, or a blanket security over all the company’s assets. It is a great option for those business owners who are seeking a more flexible business finance option.

What Is Invoice Financing and How Does It Work?

Invoice financing is a way to create cash flow based on your outstanding invoices. In other words, it gives you access to the money you’ve already earned for the sale of goods delivered and services rendered before your customers pay their invoices. It bridges the slow payments gap and allows you to pay your bills, cover ATO obligations, buy more inventory, and pay wages on time.

 With Key Factors, the invoice financing process is simple:

  • Invoice your clients as normal and send us a copy
  • In as quick as 4 hours, we can advance you with up to 80% of the invoice value
  • We will then credit your account with the remaining 20%, less any accrued fees, when your customer pays us

For more than 30 years, Key Factors has been helping small and medium businesses improve their cash flow with invoice financing. We make the process simple and transparent with no lock-in contracts, no quarterly audits, and no minimum factoring volume.

Key Factors Invoice Financing Security Requirements

Key Factors takes your accounts receivables as collateral, so you don’t have to put your house or other properties at risk.

Business owners using commercial or residential property to fund their business should look into invoice financing to free up their assets.

Your invoice financing facility can also be set up in conjunction with your current financial arrangements, as security is only taken over the receivables and not over all the company’s assets.

Benefits of Invoice Financing Compared to Secured Business Loans

It’s important to explore your business financing options, particularly as there are some distinct benefits when comparing invoicing financing with a secured business loan.

The Key Factors invoice financing difference:

  • No property security.
  • You can get an approval with Key Factors in as quick as 48 hours, compared to banks or other lenders where you could be waiting weeks for a response.
  • There are no monthly interest repayments or admin fees, and you will only pay for what you use.
  • We are transparent about fees from the very start, so you’ll know how much each transaction will cost.
  • There are no minimum monthly factoring requirements, so you’ll have the flexibility to send us as much or as little invoices for funding as you need.
  • There is no lock-in contract and no minimum term, unlike secured business loans.
  • Funding for invoices in as quickly as 4 hours.
  • Our friendly local team is only a phone call away.


Key Factors have been offering customised invoice financing solutions to Australian businesses since 1989. We are the country’s leading independently owned invoice financing company. We credit that to our dedication to delivering a seamless customer experience, our commitment to a transparent process, and our wonderful staff, who truly care about helping small businesses succeed.

If you are a business owner that simply wants to explore your options and has a monthly turnover ranging from $50,000 to $4,000,0000, invoice financing may be an ideal solution for your business. Contact us today by calling 1300-884-100 or fill out an enquiry form and an invoice financing expert will be in touch to discuss how you can improve your business cash flow without using your home as collateral.


As expected, it’s happening: Australia is in a recession in the aftermath of the COVID-19 shutdown. It kicked off with a 0.3 percent drop in GDP in the March quarter, but experts say it will only get worse. It’s the first recession in 29 years, with over 2 million Australians either unemployed or underemployed, and billions of dollars spent on government stimulus packages.

While some businesses have benefited from the government stimulus subsidies, for others it is proving to be insufficient as the recession takes effect, particularly since there is no end in sight.  To increase their chances of surviving the recession, businesses need to take control of their cash flow, and debtor finance is a great way to do that.  In fact, in addition to debtor finance, there are several things small and medium businesses should be doing right now to survive the recession.

Take control of cash flow with debtor finance

It is essential to understand where your money comes from and where it goes, both during a recession and during the best of times. Recession or not, debtor finance is a simple and quick way to get access to money you’ve already earned.  

If waiting up to 90 days for your clients to pay is not an option as you have bills to pay and ATO obligations to meet, then debtor finance is a great way to take control of your cash flow by converting your sales invoices into cash. 

How does Key Factors debtor finance work?

  • Invoice your clients for the sale of goods delivered and services rendered.
  • Key Factors will advance you with up to 80% of the invoice value in as quick as 4 hours.
  • Receive the remaining 20 percent less any accrued fees, when your client pays us.

Key Factors have been helping Australian businesses improve their cash flow for over 30 years. There are no lock-in contracts, no quarterly audits, and no minimum volume. Key Factors debtor finance is a “pay as you use” facility, acting as a buffer for any cash flow shortfalls. 

We are transparent about fees so there are no surprises, and our quick online application only takes less than 3 minutes to complete.

Make your current customers a priority and manage key relationships

You’ve already won them over: now focus on keeping them. While you might be feeling panicked about the dip in new customers right now, you can’t neglect your faithful clients, who will be there through the recession and beyond if you take care of them.  Now might not be the time to spend huge marketing campaigns to attract new leads, but leverage off customers who are happy to share positive word-of-mouth advertising.  

Some initiatives to think about are:

  • Pivoting your business to be more suited to your customer’s current needs. As an example, many clothing companies are starting to manufacture masks.
  • Focus on personalised after-sale service. Debtor finance can provide the necessary cash needed to retain employees or extend post-sale support.
  • Diversifying your business to mitigate the impact from the potential loss of a major client. 

It’s human nature to question [business] relationships during this time. Who can I trust and what aren’t they telling me. How do I best ensure that I am compensated for the work I do and how can I keep the wolves from the door as they manage their own doubts and issues? 

Managing those relationships so that you approach situations in a correct manner will be just one part of the puzzle to survival. If you lose the trust in those partnerships on the back of short term rash decisions made in “panic mode”, they might ultimately destroy your reputation and the long term viability of the business anyway. 

Remember what got you to your position of strength prior to the pandemic. Good business fundamentals, such as respect for the needs of your various business stakeholders, paying all debt owed by you in a timely manner, and keeping customers also paying in a timely manner. 

Get Finance Before You Need It


Even if you are cash flow positive right now and don’t think you need any financial support, the current grim economic situation is far from over, and the landscape is changing daily.  

When more businesses start to struggle and apply for loans, banks’ appetite for risks will decrease, and they will get more particular about whom they lend to.  If you leave it too late, you might find your business unable to get finance when you really need it.

Key Factors’ debtor finance application process is simple and you can get approval in as quick as 24 hours, unlike the banks where it could take weeks. 

Create a business continuity plan

Your business continuity plan is an outline of how to prepare for – and recover from a crisis.  The purpose of a business continuity plan is to help you identify and prevent potential risks (recession, natural disaster, pandemic, staff problems, supply chain issues, etc.), prepare for risks that are beyond your control, and respond and recover quickly if an incident or crisis does occur. 

The Queensland government offers a business continuity plan template to get you started. It is also best practice to review and update your continuity plan on a regular basis to ensure you have taken into account any new insights or changes in your industry. 

Start Today

Even if you operate in an essential industry and/or you’ve been fortunate thus far, it’s best to be prepared for the effects of a continued recession. Consider your funding options and put a continuity plan into action to stabilise your business against a weakening economy can ensure your business can come out on the other side. 

As Australia’s leading independently owned debtor finance company, Key Factors has helped companies from a variety of industries like labour-hire, commercial cleaning, business services, manufacturing, and more, to improve their cash flow.  

If you are a business with a high number of customers on accounts and have a monthly turnover between $50,000 to $4 million, you can benefit from Key Factors’ flexible debtor finance.  Contact us today by calling 1300 884 100 or fill out an enquiry form to learn more about our flexible funding solutions. 

business loan approvalBusinesses everywhere have been feeling the pinch delivered by COVID-19. Whether you’re asking to shorten hours, how to stay open, how to protect employees, and retain customers—these types of questions keep business owners up at night. Most of these decisions are centred around one primary problem: cash flow. Small businesses especially are dealing with cash flow problems right now, and the big banks haven’t been much help.

Traditional lenders are taking weeks to process and approve loan applications, and that is precious time businesses simply don’t have right now. That’s why many Australian companies need to look into alternative funding solutions like small business invoice factoring. Instead of waiting weeks for approval from the banks, small business invoice factoring can provide you with an approval and solve your cash flow problem—as quickly as 24 hours.

Banks Are Taking Too Long to Approve Loans

ANZ Bank recently admitted that it now takes up to four and a half weeks to approve loan applications. The effect of Coronavirus combined with extremely low-interest rates has resulted in a high volume of applications that banks aren’t prepared to handle. It has become such an issue that Prime Minister Scott Morrison has started putting pressure on banks to speed up small business loans. The banks have a big role to play in helping Australian businesses through this crisis, but they haven’t been able to rise to the challenge.

In the meantime, business owners may be better off to turn to alternative funding solutions like small business invoice factoring.

What Is Small Business Invoice Factoring?

Small business invoice factoring is a fast and simple way to boost your cash flow. It helps cover the gap between when you invoice your clients and when you will get paid. For businesses where customers can take 60 or even 90 days to pay, covering this gap is critical in having cash flowing through the business.

Given the challenges that everyone is currently facing with COVID-19, many businesses are not able to pay their invoices any sooner than they have to. That’s waiting up to 3 months for your own money—money you need to pay employees, cover your bills, and keep your business going.

With small business invoice factoring with Key Factors, you can get the money you’re owed more quickly:

  • Invoice your clients and send a copy to Key Factors, your small business invoice factoring company.
  • In as quickly as 4 hours, you’ll receive up to 80% of the invoice value.
  • Key Factors will credit your account the remaining 20%, minus any accrued fees when your customer pays us.

How Long Does It Take to Get an Approval for Invoice Factoring?

Businesses applying for invoice factoring can expect to get approval from Key Factors in as quickly as 24 hours, not four and a half weeks like the banks. You also won’t be kept in the dark like the traditional loan process; in stark contrast, you will be kept informed throughout the whole process.

From the initial enquiry to the funding of your invoices, you will be guided by a cash flow expert who will take the time to understand your business to determine the best cash flow solution to suit your individual needs.

Aside from our fast approval and personal service, Key Factors also takes pride in being transparent about fees from the very start, so there are no surprises. Simply use our Fee & Funding Calculator to work out how much funding your business can get, and how much it is going to cost.

Who Can Benefit From Small Business Invoice Factoring?

Get Approval in 4 Weeks with the Bank or 2 Days with Small Business Invoice Factoring: You Choose

Whether you are a recruitment labour-hire company for the health sector, a commercial cleaning business, a telecommunications contractor, a manufacturing business that has pivoted your operations to adapt to COVID-19, or simply a company with a high level of customers on accounts waiting to be paid, small business invoice factoring can help.

How small business invoice factoring can help your business:

  • Improve working capital and cash flow.
  • Bridge the gap of slow payments.
  • Key Factors will not only fund your invoices we will also help you collect them. This helps to free up your accounts team time to focus on other tasks.
  • Achieve greater negotiating power with suppliers.
  • Keep employees in their jobs during COVID-19.
  • Take advantage of early payment discounts and bulk buying opportunities.

Flexible Small Business Invoice Factoring

At Key Factors, flexibility is key. No two businesses are alike, so no two invoice factoring solutions will be alike. We make it as easy as possible for you to get access to your money. This is what has allowed us to help many businesses all over Australia improve their cash flow since 1989. The key difference that sets our invoice factoring service apart are no:

  • Lock-in or long-term contracts
  • Minimum volume—you can use as much or as little as needed
  • Quarterly audits or property security
  • Ongoing monthly charges or annual charges—you will only be charged for what you’ve used
  • Application fee—only pay a document preparation fee on acceptance of your approval

Learn More About Small Business Invoice Factoring

These are unprecedented times, so the last thing any business needs is more complications. With Key Factors small business invoice factoring, the application process is quick and simple. Our transparent fee structure lets you know exactly what you’ll pay, and you can send us as many or as few invoices for funding as you’d like.

Simply fill out our contact form or call 1300 884 100, and one of our small business invoice factoring experts will be in touch shortly. They’ll guide you through the application process and answer any questions you may have. Once your application is submitted, you will receive a response within 24 to 48 hours.

For more than 30 years, Key Factors has been creating customised cash flow solutions with a personal touch for businesses all over Australia. We strive to create a simple and stress-free experience. We understand what Australian small businesses are going through right now, and we’re here to help companies who need quick access to funding. If you’d rather have a response to your application within 2 days instead of waiting for more than 4 weeks, talk to Key Factors about small business invoice factoring today.

cash flow management

The COVID-19 pandemic is impacting everyone. Even those fortunate enough to avoid contracting the virus are faced with an economic crisis, unlike anything most of us have ever seen. Small and medium businesses have been hit especially hard, and many are fighting to survive.

Many businesses have been forced to close, scale back, or change their offerings. Customers are staying at home and avoiding spending.

Taking care of your employees and preparing your business to come out on the other side of this requires careful cash flow management in this unprecedented time. There are a lot of things small and medium businesses can do right now to mitigate the impact of the Coronavirus on their business. Start with these cash flow management tips.

Focus on the Cash Conversion Cycle

The cash conversion cycle is a three-part cycle:

  • Your inventory and how long it will take to sell it
  • Sales and how long it will take to collect payment from those sales
  • How much is owed to other companies (supplies, utilities, etc) and how long it will take you to pay them

The cash conversion cycle is a great measure to track how your working capital is changing relative to the state of your business. Typically, your focus is on managing inventory and sales. Paying your suppliers and partners is something that happens naturally and easily when your business is making money and you are getting paid. During difficult times, you need to bring extra focus to your expenses and carefully consider the entire cycle. Your cash conversion cycle may become longer due to the effect of COVID-19. It’s important to communicate with your suppliers and partners to enter into any necessary payment arrangements while managing your bottom line.

Consider Alternative Funding Options—Like Cash Flow Finance

Cash flow finance with Key Factors is a flexible alternative to improving your cash flow. Outstanding invoices represent money you have already earned, and it would certainly come in handy right now.

Instead of waiting up to 90 days for your customers to pay your invoices, you can send us copies of the invoices you want to be funded and release immediate cash from your invoices.

How Key Factors cash flow finance works:

  • Send copies of invoices you would like funded to Key Factors
  • Key Factors will verify your invoices and fund up to 80 percent of the invoice value in as little as 4 hours
  • The remaining 20% less any accrued fees are credited to you when your customer pays us

Why Key Factors Cash Flow Finance

Since 1989 we have been helping to relieve cash flow pressures suffered by Australian businesses from slow payments, rapid growth, the GFC, ATO debts, and the lack of support provided by their banks.

Our goal is to support our clients at every stage of their business, and we do it with flexibility, top-notch customer service, and a genuine desire to see Australian businesses succeed. Our goal hasn’t changed, nor have the features that set us apart:

We Don’t Just Fund Your Invoices, We Also Help You Collect Them

Funding of your invoices can be in as quick as 4 hours, and we will work with you to help follow up on payments. It is pivotal to limit your operating expenses at the moment, so it is good to know you can rely on us to help with your collection activities on factored invoices.

We Help Mitigate Your Risks

Understanding and limiting your customer’s risk is part of our business DNA. With over 30 years of experience, while using the latest risks-management technology, you can rely on us to provide advice on your debtors’ creditworthiness. We also conduct and provide free credit reports to our customers to help them assess whether they should extend credit to a customer.

Less Admin, More Sales

Think of us as an extension of your accounts team. We monitor your debtors and their accounts, help follow up on payments, and send statements of accounts to your customers. We don’t charge a monthly admin fee or annual fees. It is all part of the included benefits. This allows you to keep money flowing through the business while gaining access to efficient operational support.

Apply for a Cash Flow Boost From the Government

To help small businesses retain employees, pay their rent, and keep up with their bills, the ATO is providing tax-free cash flow boosts of $20,000-100,000 to eligible businesses starting on 28 April 2020. You’ll receive it via your activity statement system as credits when you lodge your Business Activity Statements.

Eligibility: You will be eligible to receive the cash flow boost if you are a small or medium business entity, including nonprofit organisations, sole traders, partnership, company, or trust that:

  • Is active and held an ABN on 12 March 2020
  • Has an aggregated annual turnover under $50 million
  • You made payments to employees subject to withholding

For complete details on the program refer to the cash flow assistance for businesses fact sheet.

Assess Your Variable Costs

Every business has areas where they can cut back, especially in times like these. Some of it may be obvious-for example, you can eliminate most or all of your travel, which is currently a matter of safety as well as cost-savings. You’ve probably already put a temporary freeze on hiring or training. Focusing on re-marketing to existing customers is a great way to reduce advertising costs. Connecting with fellow small businesses to brainstorm ways to cross-promote each other also has cost-saving benefits. For many small to medium businesses, a combination of these strategies and others will help pave the way forward. If improving your cash flow is one of your strategies to get through COVID-19, contact us. With over 30 years of experience, we have established ourselves as Australia’s leading independently owned debtor finance company. We have worked with manufacturing, wholesale, recruitment, labour-hire, mining, IT, business services, transport, logistics, and many other businesses all over Australia to help them maintain steady cash flow. We can do the same for you, especially now.

Apply online, fill out an enquiry form, or call us on 1300 884 100 now to find out more.[/st_text][/st_column][/st_row]

Debt factoring is an excellent alternative source of finance for businesses by significantly improving their cash flow. With debt factoring, a business can release immediate cash from their invoices with the help of a factoring company, instead of waiting for 30, 60, or even 90 days for their customers to pay.

Starting and operating a small business is rewarding and exciting, but it comes with a host of challenges that can’t be denied.  From managing start-up and growth costs, marketing, finding customers, and creating positive cash flow, it’s no wonder that not all new businesses make it past their first few years – and no wonder many business owners lose sleep over it.

Debt FactoringAccording to a recent article in the Financial Review banks have forgotten how to bank small business and have created a space for alternative lenders. “They are supposed to be a SME bank and say they understand business but only when it suits them. I’ve heard nothing from them, they’ve chewed me up, and spat me out after a quarter of century”, according to an aggrieved ex long-term customer of the NAB.

If you’re struggling to create the cash flow necessary to hire a new employee, buy new equipment, ramp up production, or just not getting the support you need from your bank, you should seek alternative cash flow solutions such as debt factoring from an Australian factoring company.  Debt factoring can be a flexible alternative to traditional business loans provided by restrictive banks who don’t always step up to help businesses when they need it most.

What are the alternatives to big banks?

As a small business owner, you owe it to yourself to explore the options that will help your business succeed. A variety of non-bank lenders have sprung up to fill the need left by legacy banks. Debt factoring is another solution.

Debt factoring gives you access to money you’ve already earned, but don’t yet have in your account because of outstanding invoices.  If a client takes 30,60, or 90 days to pay an invoice, they’re sitting on your money for that long.  It can take a strain on your cash flow when all your clients are taking a long time to pay. That is money – your money – you could use to fund your next growth project or simply to keep your business going.  Instead of waiting for it to trickle in, you can use debt factoring to get most of it now. 

How debt factoring can improve your cash flow

Positive cash flow can mean all the difference for your company. These are just a few of the ways debt factoring will change your business for the better:

Create cash flow: With cash-in-hand, you can hire that new employee, expand your operations, or focus on growing your business.

Manage slow payments: Debt factoring isn’t a loan. It’s simply giving you access to the money you’ve already earned, bridging the gap (of 30, 60, or even 90 days) between a successful sale and actual payment.

Meet operating expenses and improve working capital: Working capital reflects your ability to take care of short-term debt and day-to-day operations. Small businesses haven’t always had the time to amass much working capital, and it can be a struggle to meet daily needs until your business gets on its feet. The cash you receive via debt factoring can help you stay on top of bills and negotiate discounts with your suppliers because you’re able to pay earlier or order in bulk. 

How debt factoring works 

Cash flow is one of the biggest problems faced by Australian businesses, and debt factoring can help solve it.

Debt factoring– also known as debtor finance, invoice finance, factoring, cash flow finance and invoice discounting can help improve your business cash flow by instantly unlocking the cash tied up in your accounts receivable.

Key FactorsBy factoring outstanding invoices to factoring companies known as factors, businesses get paid immediately instead of waiting up to 90 days

Key Factors debt factoring service is flexible and fast, where invoices are often funded within 4 hours.   

To get access to instant cash flow simply invoice your clients, select the invoices you would like funded and send Key Factors a copy.  Key Factors will advance you up to 80% of the invoice value, in as quick as 4 hours. Once your client pays the invoice to Key Factors, we will credit you the remaining 20% less any accrued fees.

What invoices can be considered for debt factoring? 

Invoices relating to business-to-business transactions can be considered, not consumer receivables.

Invoices that are still within normal trading terms not bad and doubtful debts.

Invoices for goods delivered and work fully completed, not progress claims. 

Why Key Factors debt factoring? 

Experience: With over 30 years of experience, we’ve become Australia’s leading factoring finance company and have ample happy customers to back it up.

Transparent fees: We are up-front about our fees and only charge a simple daily rate based on how much you use. We don’t charge any monthly or annual fees and don’t require property security or quarterly audits. 

Flexibility:  At Key Factors, there are no long-term contracts or minimum monthly factoring requirements. You decide which invoices you want to factor based on your cash flow needs.

Fast approval: When you apply to work with us, you’ll receive a response within 24 to 48 hours.

Our mission is to support our clients at every stage of their business, and we do it with flexibility, top-notch customer service, and a genuine desire to see small Australian businesses succeed.

Take a closer look at your relationship with your traditional bank. Is it serving you and your company, or is it time to consider alternatives like debt factoring?  Whether your business is just getting started or is ready to take the next growth step, contact us – call us on 1300 884 100, email us, or complete our contact form and a friendly local cash flow expert will be in touch shortly.

We are specialized in debt factoring and have offices in Perth, Sydney, Melbourne, and Brisbane, and we work with clients all over the country. No matter what type of business you are in or where you’re located, we can help you create the cash flow you need for your business to thrive.







One of the most difficult aspects of owning a business is managing finance admin, especially ATO Business Activity Statements (BAS) and their obligations. There are consequences if BAS is not submitted on time, and businesses may fall subject to interest penalties.

Factoring InvoicesFactoring invoices can help businesses meet their obligations with the ATO and pay the next quarterly payment [due on 28-April] on time.

Key Factors can help businesses get on top of their ATO obligations through factoring invoices.

Factoring invoices with Key Factors

Factoring invoices couldn’t be simpler with Key Factors, allowing you to release cash from your invoices with 3 easy steps:

  1. Invoice your clients and send Key Factors a copy
  2. Key Factors will transfer up to 80% of the invoice value to you in as quickly as 4 hours.
  3. Key Factors will credit you the remaining 20% less any accrued fees, when your customer pays us.

Getting On Top of ATO Obligations:

The business owner has specific responsibilities when it comes to getting on top of ATO obligations. We’ve outlined 4 useful tips provided by the ATO below:

1. Take responsibility

It is assumed that reasonable care is taken to meet your obligations – to provide accurate and complete information in all documents, including activity statements and tax returns.

2. Keep all required records for 5 years

Whether you’re a small business or not, you are required, by law, to retain the required business records. If you are unsure of what these records are, a full list can be found on the ATO website, depending on your business dealings. It is worth noting, that such records need to be kept for five years, and must be in English.

3. Lodge BAS by the due date

There are certain cut-offs to lodge most documents, and harsh penalties apply if they are lodged past the due date. However, if there are genuine reasons, as to why you are having difficulty adhering to these dates, or you cannot pay the amount owing on time, you must get in contact with the ATO prior to the due date to discuss your options. In some cases, extra time may be given to lodge and/or pay. Keep in mind that both tax returns and activity statements must be lodged on time, even if the amount owing cannot be paid at that time.

4. Pay by the due date

As per the previous point, all taxes and other amounts owed must also be paid by their respective due dates. Extra time to pay may be granted by the ATO in extenuating circumstances, potentially without interest charges – and only if the ATO are made aware your situation prior to the due date.

Advantages Of Factoring Invoices

The main advantage of factoring invoices is it allows businesses to get access to immediate payment, instead of waiting for up to 90 days for their clients to pay. Businesses can use the funds to get on top of their ATO obligations, pay staff on time, hire more employees to expand, and operate more efficiently.

Unlike traditional business loans or overdrafts where funding can be quite restricted, factoring invoices is more aligned to your revenue, so the more sales you make the more cash you can get.

Factoring invoices is also a quick and simple process, and funding can occur in as quickly as 4 hours.

With offices in Perth, Sydney, and Melbourne, our local State managers can provide a tailored cash flow solution to suit your factoring invoices needs.

Contact us at Key Factors, on 1300 884 100 and a local state manager will be more than happy to discuss your needs and provide you with a quote to suit your requirements today.[/st_text][/st_column][/st_row]

Factoring is a financial term that refers to a type of financial transaction where a business sells its invoices to a third party called a Factor at a discount for immediate cash. It is especially useful to ensure businesses have adequate immediate cash flow to meet their current obligations. You may now also hear it called invoice finance, invoice discounting, debt factoring, debtor finance, but the origins of factoring can be traced back to the worlds earliest civilisations from North Africa and the Middle East (Mesopotamia) dating as far back as 5000 BC when farmers and merchants used factoring to maintain a stable cash flow when the change in seasons caused their business to be less frequent.

Invoice FinanceNot long after that in ancient Egypt and Greece debts were first acknowledged in writing, which became the foundation of early business credit. But it wasn’t until the Roman Empire came to prominance and the first debt collection specialists appeared. They received a commission from the traders of up to 1% of the money collected from the debtor.

With the expansion of the Roman Empire throughout Europe, the Romans spread this concept to new territories as their empire grew, with the term factoring coming from the latin word Facere: a doer, someone who does something on behalf of someone else.

In ancient Rome a factor had a similar role in the business world as the factors of today. Roman factors helped businessmen and farmers conduct financial transactions take goods on consignment and expand businesses if crops and goods had poor seasons.

For the next thousand years after the fall of the Roman Empire this early concept of factoring kept developing with the first factoring communities in France and England emerging in the 13th and 14th centuries respectively. One of England’s first factoring houses, Blackwell Hall based in London operated as agents for the woollen trade.

As factoring became prominent in Elizabethan times, global traders such as The East India Trading Company and Hudson Bay Company both used factoring to fund their commercial empires. Whilst in France, King Charles VII had 300 factors to manage their countries trade.

An interesting fact is that factoring funded the Mayflower’s voyage to the Americas and so the pilgrims were the first Americans to ever use factoring and as such commencing the era of common law factoring in America.

The process continued to evolve until the 19th century when ‘Del Credere’ the foundation of modern factoring by independent factor companies was established. This is the term used to describe the practice where factoring companies were no longer aligned to any single industry and evolved to fund multiple growth sectors.

Factoring returned on mass in Europe after WWII when business was growing at a rapid rate but cash was in short supply.


We now see factoring based in over 90 countries around the world and it has become and remains one of the world’s most popular methods of alternative finance. Governments, Reserve Banks and Financial Regulators from around the world view factoring as a safe and secure method of financing trade both domestic and internationally and it is seen as an instrumental tool to support the growth of SME’s.

Now also known as invoice finance, invoice discounting, debt factoring, debtor finance, the product continues to evolve to accommodate an ever changing landscape but the foundations continue, supporting business navigate through the challenges of cash flow management and credit terms both offered and expected.


In Australia, companies like Key Factors have dominated the scene for the past three decades. Key Factors was established in 1989 and is Australia’s largest privately owned and non bank aligned Factor Company, based in WA and with offices in Sydney, Melbourne and Brisbane. We assist Australian businesses throughout a broad range of industries, release funds tied up in unpaid invoices, consequently improving cash flow.

Businesses that qualify for Key Factors assistance must have B2B sales on credit terms, and the invoices provided must be for goods and services that have been completely delivered. Once verification of the invoices has occurred we provide up to 80% of the invoice value to the business in as quick as 4 hours. The remaining 20% is provided upon the invoice being paid in full to Key Factors (minus any fees accrued).

Debt factoring is very beneficial as it allows businesses to have instant access to money owed, and this money can then be used to pay suppliers, reinvest, and take advantage of early payment discounts.  Factoring can help your business to grow to its best potential.

If you are concerned about a lack of cash flow due to slow payment of invoices, speak to our specialists at Key Factors. We offer:

  • No lock in contracts
  • No audits ever
  • No minimum volume
  • No ongoing monthly charges
  • No property security
  • Application approval within 48 hours

Key Factors has experience in a number of industries including, Manufacturing and Wholesale, Mining, Transport, IT and Business Services, and Recruitment and Labour hire.  Those companies that would benefit most from Key Factors debt invoicing services would generally have an annual sales turnover ranging $500,000 to $30 million with a significant proportion of customers providing goods and services on accounts.

Want to learn more about how Key Factors could help your business? Speak to an expert cash flow manager now on 1300 884 100, or enquire online today.

Cash Flow Finance For Small BusinessCash flow management is critical for small and medium businesses. It’s the lifeblood of your company, it keeps business ticking over, and it needs to be managed carefully. Cash flow problems generally come down to one thing – cash coming in too slowly, and going out too quickly! Encouraging customers to pay quickly, while delaying outlays of cash, will provide a more constant cash flow. But as we know is not always that easy to achieve. There are several ways to do this, and it’s important to get it right from the start.

1. Plan your cash flow – ins and outs

It’s impossible to project your cash flow exactly as sales can fluctuate due to a number of reasons, but an estimate can allow you to project future trends. How much cash do you need to have in order to carry out your business, pay staff and suppliers, and make a profit? How much cash will you be receiving, and whether a cash flow finance facility might be a good option to cover the gap of slow payments? You’ll also need to take into account variables like seasonal dips and peaks and determine all those amounts to budget accordingly.

2. Invoice promptly

Make it a habit to invoice your customers as soon as the job is done, rather than at the end of the month.  Also ensure your invoice is easy to understand and your bank account number is visible.

3. Establish clear payment terms

Be clear about your payment terms, whether it’s seven, thirty, or sixty days, and include an action plan if payments become overdue.

4. Follow Up

Another way to improve slow payments is to follow up on accounts that fall outside your terms. With Key Factors cash flow finance the follow up of accounts is a part of our service, at no extra cost.

5. Consider factoring your invoices

Invoice Factoring can improve your cash flow by unlocking the cash tied up in your account receivables. This is where Key Factors can help. Send us your invoices, and we can pay you up to 80% of the invoice face value immediately – in as quick as 24 hours – so you don’t have to wait 30, 60 or even 90 days for your client to pay. You will receive the remaining 20% less our fee, when your client pays the invoice.

Key Factors can help manage your accounts while providing you with a constant cash flow. This allows you to focus on doing what you do best, which is growing your business. Get in touch with us today, and find out how we can help you.