We had been with Key Factors for 3 years & 8 months when a broker convinced us to switch to another company. We didn’t read the fine print and were hit with annual fees, and constant audits which wasted a lot of our staff’s time. When we wanted to leave go back to Key Factors, we had to serve 12 months and another 3 months notice period, or were going to be hit with exit penalties. We had none of this at Key Factors, just simple factoring.
-
Our growth combined with Key Factors’ Flexible $2.2M Cash Flow Facility, was the perfect partnership to see us through an exciting phase of our business. The arrangement requires no long-term contracts, no need for director’s homes to be used as security, and we could pick & choose what invoices we wanted to release cash flow from.
-
In today’s economy, many businesses are struggling to manage their cash flow and trying to avoid getting into the cycle of you’ll get paid when we get paid. As a small business owner, the best thing has to be getting the cash into our account as we issue invoices, without having to wait 30, 45, or sometimes 60 days to get paid. We have been long standing clients and are very happy with Key Factors service. Their facility is simple to use, and the staff are always helpful.
-
Key Factors flexible debtor finance have been very valuable to our business and so simple to use. To have the money the same day we need it is very useful. Their service is fantastic and the staff is always friendly and professional. We would highly recommend Key Factors to anyone looking into improving their business cash flow.
-
Our business was going through a tough patch and our existing factoring company weren’t going to see us through it. We engaged Key Factors just in time to clear all our ATO debts and sell off some of our non-performing subsidiaries. The decision to move across to Key Factors was vital to ensure the on-going concern of our company. We also find the flexibility of no long-term contracts & the ability to use our facility on a selective basis quite appealing.
-
With the constant challenge of rising fuel costs and operating expenses, we would struggle to maintain our growth without Key Factors Factoring Facility. A more predictable cash flow allows us to get back on the road and pay our drivers on time.
-
Having Key Factors operating in the centre of Perth WA allows us to forward invoices any time before 2pm, knowing that they will be processed that day.
-
We run a charter business and our business is very seasonal.
Key Factors smooths out the bumps in cash flow without the need of property security or minimum annual fees paid monthly.
-
We used Key Factors when our bankers didn’t want to know us in October 2011, as we operate in an industry that was going to be affected by the introduction of the carbon tax.
Traditional lenders were unable to deal with the uncertainty and risks.
Key Factors understood the risk and assisted us with our cash flow for 5 months, which was great.
We are still keeping the facility in place just in case knowing that it’s costing us nothing to do so.
-
Running a cleaning business and being very hands on, I don’t keep normal business hours. But with Key Factors I find I can always get a quick reply and they seem to always be there.
- No call centres
- No voice mail
- No need to constantly explain myself to a new employee or account manager
I always get an answer from those that answer the phones.
-
