invoice financing australia
Cover The Gap Of Slow Payments
With Fast Invoice Finance
Only pay as you use
No lock-in contracts
Funds in 4 Hours
How Does Invoice Finance Work?
Send us your Invoices

Invoice your clients and send us a copy

Funds in 4 hours

We process your invoices and advance up to 80% of the invoice value

When paid – You get the rest

Receive the remainder when your customer pays us

Still unclear?… Call us on 1300 884 100 or watch our video to see how Invoice Finance works.

Payroll Finance

Long invoice terms coupled with slow-paying customers puts staffing companies in a tight spot when it comes to making payroll and other routine expenses. Companies are left with the predicament of consistently not having enough cash at hand. Payroll funding or payroll financing is the solution that such companies turn to when looking for cash to facilitate payrolls. If you’ve not considered it, here is everything you need to know about it and how we can help you get your business on the right track and keep your employees motivated by paying them on time.

Instant QuoteNo Hidden Fees

Average monthly accounts receivable


Funds in 4 hours

$ 40,000

Up to 80% of invoice value

Fees for the first 14 days

$ 700

1.4% for the first 14 days & 0.1% per day thereafter for up to 90 days

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Benefits of Invoice Finance

Additional cash flow for business growth

Bridge the gap of slow payments

Working capital for start up companies

Meet operating expenses

Get on top of ATO obligations

Pay wages on time

What is Payroll Financing?

Payroll funding or payroll financing is a form of financing that allows businesses and organisations to release capital held up from their unpaid invoices and pay their workers on time.

Typically, businesses have to wait longer for payments than payroll issues, which causes substantial cash flow challenges for the business.

Depending on the size of the invoice, the business’s payment terms can extend up to 90 days, which is quite a long time considering you pay your employees monthly or weekly.

Payroll financing involves selling your unpaid invoices to a third party in exchange for an advance on your revenue to facilitate a positive cash flow and support sustainable growth. Unlike traditional forms of financing, we can approve your invoices and have the money sent to your account in a matter of hours to give you quick access to the funds you require.

Fast approval and funding process
Call us on 1300 884 100 to speak to a cash flow expert or contact us.
Should your business qualify, we will send you an approval to review within 24-48 hours.
Document and Settlement
On settlement, our team will actively work with you to get your invoices funded in as quick as 4 hours.
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No Property

No Hidden Costs

No Lock-in

No Use, No Fee

How Does Payroll Financing Work?

Your employees need to be paid regularly and on time to keep their morale high. It’s part of their contract with your business. Failing to pay the employees on time means they might leave the company or have a low output, affecting their performance and contribution. Not to mention the many legal liabilities that come with breaching a hiring contract that you would rather avoid.

Payroll financing is a solution that gives you, as the business owner, the ability to pay your employees even if your company is struggling with cash flow. The process is relatively simple and short, making it ideal for all types of businesses that generate invoices, including small and budding businesses.

Payroll funding works by funding a company’s invoices, also called accounts receivable financing and invoice factoring.

Other methods can be utilised for payroll funding. For instance, lenders can finance a company’s assets if they are considerably valuable and have enough assets to fund a loan for working capital.

Invoice factoring is the most common approach for payroll financing solutions. Your company agrees to sell its accounts receivable invoices to Key Factors. We will purchase the outstanding invoices and send you the funds in two separate instalments for the transaction. The first instalment is called an advance. At Key Factors, we offer up to 80% of the value of the outstanding invoice as an advance less our fee. We will then send you the balance, after the customer pays the invoice, net of the fee incurred for any additional days.  The advance and the second instalments are typically processed within a few hours and deposited into your bank account.

Here is how payroll financing works in five simple and easy-to-understand steps;

  1. Your staffing company provides a service to your customer and then sends the customer an invoice
  2. You send us a company of that invoice for verification and valuation
  3. We send you an advance of up to 80% of the value of the invoice to your account less the factoring fee
  4. Your customer pays the invoice, and once we receive the payment, we send you the 20% balance minus our fees for any additional days.

Advantages of Payroll Financing

Businesses have various financing options available to them when trying to keep up with their payroll commitments. Each of these options comes with its pros and cons. The most obvious among these is the long time it takes to get approved, which doesn’t suit the time-sensitive nature of making payroll.

Businesses that consider payroll financing have the following benefits available to them;

Punctual payments

With no customer deposits needed, paying bills becomes less of a constant juggling act. Invoicing financing lets you improve cash flow by finalising your employees’ payments and unpaid invoices, saving you money in the long run. The punctual payments also positively impact your employee morale and productivity.

You’re sure to get the funds on the payroll

Unlike applying for a loan, payroll financing is a swift process. For companies in need of capital to meet their payroll demands, time is of the essence. Payroll financing is a successful method because we expedite the advance payment once we receive the invoice, usually available within a few hours. Once you get approved, you can get the money in your business account within 4 hours.

Repay only after your invoices are paid

With payroll financing, you can manage your cash flow challenges and only pay back with the debt cleared when the original invoice is fully settled by your client. There are no monthly interest payments or fixed-term repayments. There’s only a service fee, and at Key Factors, we provide you with a quote so you know how much you will pay for the service.

Available even for businesses with bad poor credit

Credit history is a factor we consider when determining the service fee for our payroll financing service. However, the credit history we consideris of also pertains to the customers you sell the products or services to and not that of the business or its directors. This also allows organisations with poor credit access payroll financing and use the funds to mend their credit in case they want to get traditional financing.

No debts in your balance sheet

When you go for a bank loan, you add debt to your balance sheet, which appears as a liability. Payroll financing is debt-free, so you don’t have to worry about adding liabilities to your balance sheet. 

Why We are the Leading Payroll Financing Company in Australia

Working with the right payroll financing company ensures the best experience for your business and clients. Key Factors has over 30 years of experience providing businesses with practical financial solutions. We are the premier factoring company and easily the best payroll financing company in Australia because;

We don’t need property security

Unlike traditional bank loans and other financing methods, we don’t require any property security. With Key Factors, the business can get the funding it needs to make payroll and maintain its assets to take advantage of any opportunities it comes across.

No lock-in contracts

Another feature that makes Key Factors the best payroll financing service in Australia is that we don’t have lock-in contracts. Once approved, you can decide how many invoices you want to finance. You can finance all invoices for a certain period or only finance specific quotes. The best part is you only pay a fee for the invoices you finance. There are no monthly or other service fees.

No hidden costs

With Key Factors, what you see is what you get. No hidden costs pop up when you get approved for financing. We can provide you with a comprehensive quote for the service beforehand to help you understand our fees.

Working with a reputable and trustworthy financing company is a huge advantage for businesses because they are sure the finance partner is ethical and keen on helping them grow together.  


How fast is the money available for payroll funding?
At Key Factors, we work round the clock to provide you with the funds you need to make payroll. We will contact you within 48 hours after making the application, and once the facility is in place, we can have the advance available within four hours.
How much does payroll Financing cost?
The cost of payroll financing depends on various factors. You can contact us for more information on payroll funding and get a comprehensive and transparent quote to help you understand the full cost of the service.
What invoices can be considered for payroll financing?
Key Factors prefers invoices relating to business-to-business transactions and not consumer receivables. The invoices should be within the normal trading terms, not bad or doubtful debts. Finally, invoices for goods delivered and work fully completed, not progress claims.
How fast can I get approval for selective invoice finance?
We will provide you with a response within 24-48 hours of receiving your application.
Will I deal with the same person from start to finish?
We are keen on building lasting relationships. One of the ways we achieve that is by ensuring our customers have one contact person from the beginning to the end.

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