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In business, it's easy to run into cash-flow problems and often finance is necessary to enable companies to succeed and thrive. Invoice finance, or debtor finance, is an established business finance tool for unlocking capital tied up in your unpaid invoices in order to fund business growth.
Accessing the money tied up in invoices can help to fund a number of business-related expenses, such as paying trade suppliers or staff wages on time. You can also use the money to make purchases that benefit your business or as a safety net should any unexpected expenses or late payments disrupt your cash flow.
20%
Upfront Fee
$30,000
Max. Loan Amount
1 to 3 months
Loan Term
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Product Name | ABR Finance |
---|---|
Min. Loan Amount | $10,000 |
Max. Loan Amount | $30,000 |
Loan Security | Unsecured |
Upfront Fee | 20% |
Loan Term | 1 to 3 months |
ABR Finance is an online invoice financing company that provides loans and lines of credit to businesses looking for cash-flow solutions. ABR Finance could help businesses in need of a monetary boost that do not wish to use assets as security on loans. ABR Finance's products do not require physical assets (such as real estate) as security as its loans are secured against the value of your invoices.
If you're having difficulty getting finance from a bank or other lender, ABR Finance may be able to help. Its lending system is designed with small businesses in mind, so if you don't have the paperwork, necessary data or credit rating that's usually required by loan companies, you might still qualify for finance.
An ABR Finance loan is potentially great for SMEs or start-ups looking for a cash injection or a financial safety net. With ABR Finance, you only pay for what you borrow, whether it is one loan backed by a single invoice or a drawdown from a line of credit that's secured against your entire sales ledger. ABR Finance is specifically relevant for small contractors and any businesses operating in a professional services sector, such as accounting, real estate and legal service providers.
ABR Finance's fee is deducted from the 20% of your withheld invoice, the remainder of which is forwarded to you upon client payment. The percentage that borrowers will be charged will vary on a case-by-case basis, depending on the financial details of their business. The cost will also vary depending on the size of the loan and the loan period.
To apply for a loan from ABR Finance, simply click "Go to Site" and submit an inquiry form on the company's website. For more information, you can also call, email or visit the company's Adelaide branch.
You will need the following to submit an inquiry: