It’s official - Earlypay really is supporting Aussie SMEs of all shapes and sizes! Within a couple of days, our Melbourne based team settled a $50k business line-of-credit in record time, and also settled a multi-million dollar invoice and trade financing facility. The flexibility of Earlypay’s invoice financing can’t be beaten and we’re here to help all Aussie SMEs!
Supporting Aussie businesses with invoice financing and trade financing
Glenn is a commercial cleaning contractor that suffers from long payment terms with his customers but has staff to pay each week. To help close the cash flow gap, we provided Glenn with a $50k business line-of-credit backed by his outstanding invoices. And because Glenn linked his QuickBooks Online to Earlypay, he can access funds quickly and simply using our online platform.
On a bigger scale, Brad runs a large transport and wholesaling business and needed a multi-million dollar financing facility to support new business opportunities. After working through a range of scenarios with our team, Brad chose Earlypay for a combined invoice and trade financing facility. This not only unlocks working capital tied up in accounts receivable, it also preserves working capital by using trade financing to pay suppliers. Brad now has working capital available to grow his business by expanding into new markets
Welcome aboard, Glenn and Brad - and well done to the VIC/SA/TAS/WA team, especially Ben McPhail, Stuart LeRoy and Lisa Ly for providing a great experience for our new clients.
Businesses can’t grow when they’re starved of working capital. If you would like to learn how Earlypay can help unlock working capital from your unpaid invoices, please visit us at earlypay.com.au, or speak to your Broker or BDM.