Case Studies

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For over 26 years Key Factors has been helping Australian businesses from a wide range of industries improve their cash flow. Our flexible debtor finance service gives you immediate cash when you invoice your clients for provision of goods or services. Don’t wait 30, 60, or even 90 days to get paid. Turn your credit sales into cash now.

Flexible Factoring saved our company

ABC Management Solutions Ltd founded in 1972 is an Australian company listed on the Australian Stock Exchange.  ABC Management Solutions provide workforce management solutions to leading public and private sectors.

The problem

When ABC Management Solutions approached Key Factors they had multiple subsidiaries that were operating at a loss, they had just ceased their factoring facility with another provider, and they were on the verge of being shut down by the ATO due to having tax debts in arrears in excess of $2 Million. Due to their bad experience with their previous provider, they wanted a flexible financial partner who was not going to tie them into a long-term contract, allow them to use the service on a selective basis, and only charge them for what they use.

The solution

Within a few months of using Key Factors flexible factoring finance, ABC Management Solutions cleared all their ATO debts, restructured their business and is back to being a front runner in the workforce management sector.

  • Industry: Workforce Management
  • Annual Turnover: $10,000,000
  • Group Facility Limit approved: $1,500,000

Debtor Finance helped our company grow

YZ recruitment a newly established company required urgent working capital to support their rapid growth.

The problem

Due to their limited trading history, they weren’t able to secure an overdraft or a business loan.  The company was also struggling to pay wages and couldn’t take on additional contracts due to restricted cash flow. 

The solution

Key Factors was able to provide immediate funding to YZ recruitment by advancing 80% against their receivables.  The cash flow injection allowed YZ recruitment to meet wages, take on more contracts and grow their business.

  • Industry: Recruitment
  • Annual Turnover: $2,000,000
  • Group Facility Limit approved: $300,000

We get paid the same day we issue invoices

Boutique Bricks is a longstanding manufacturer of bricks & pavers, supplying to a wide range of industries.

The problem

Like most manufacturing companies, cash flow and slow payments can have a major impact on the viability of the business.  Initially the company was looking at a debt collection service to assist with some old, bad and doubtful accounts, but soon realised that adopting a complete and flexible funding solution was the answer to their ongoing cash flow problems.

The solution

Key Factors' flexible cash flow finance facility allowed Boutique Bricks to draw immediate cash flow from their unpaid invoices, while also assisting the company with accounts follow up at no extra cost.  With a more predictable cash flow and their accounts management under control, Boutique Bricks could focus on doing what they do best, which is taking on more sales and growing their business.

  • Industry: Manufacturing
  • Annual Turnover: $3,000,000
  • Group Facility Limit approved: $500,000

Fast invoice finance allows us to pay wages on time

Ace Service Group provides comprehensive cleaning and integrated property services to a range of hospitality clients and government departments.

The problem

Due to the awarding of recent government contracts, the company experienced major growth.  The gap between invoicing and receiving payments was causing a strain on the company’s cash flow, as most government departments can take up to 60 days to pay.  They had opportunities to take on more contracts; however were struggling to pay contractors on time.

The solution

Key Factors provided Ace Service Group with a flexible invoice finance facility with no long-term contracts, no minimum volume, no ongoing monthly charges, and no quarterly audits. Having a constant and more predictable cash flow allowed the company to pay contractors on time, take on more contracts and grow their business.

  • Industry: Commercial Cleaning
  • Annual Turnover: $3,000,000
  • Group Facility Limit approved: $400,000

Invoice Finance helped us pay suppliers ahead of time

An all-Australian company with over 70 years combined experience in the building industry, designing and manufacturing of high-end products.

The problem

Directors are both homeowners and both have mortgages with their bank. All their bank was willing to provide the business with as a financing option was a corporate credit card facility limited at $50K. As explained to the client, for them [the Bank] it was an easier approval process than an overdraft but operating in the same way. With a business continuing to grow and an average receivables ledger in excess of $200K, the ability to fund this growth was clearly being constrained.

The solution

Key Factors provided a flexible invoice finance facility with no long-term contracts, no minimum volume, no ongoing monthly charges, and no quarterly audits. By having a constant and more predictable cash flow, it allowed the company to pay out the credit card facility and pay suppliers on or ahead of time, thus giving them the ability to take up discount options for early payments and grow their business.

  • Industry: Design and Manufacturer of building products
  • Annual Turnover: $2,000,000
  • Group Facility Limit approved: $500,000

*The scenarios above are taken from real client situations. Actual business names and details are withheld for privacy reasons.

WE HELP CLIENTS FROM ALL OVER AUSTRALIA

We service clients nationally, and with offices in Perth, Sydney, and Melbourne, our local state managers can provide a tailored cash flow solution to suit your business.

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