Function Money
Financial Services in Brisbane

Fn money can aid the cash flow of your organisation by providing factoring and debtor financing services.

Factoring is a financial transaction whereby a business sells its accounts receivable (i.e. invoices) to a third party called a factor at a discount. Invoice factoring is a disclosed finance facility where your customers are advised to make their invoice payments directly to AFN Money, the factor. If your business is potent or struggling, trading negatively or positively or even trading out of difficulty with your own creditors, we can assist you. The balance, less a little fee, will be paid to you once your customer pays the invoice in full. Invoice Discounting is a confidential finance facility where customers will not notice any difference in the way they pay your invoices. Once again, we are able to fund up to 80 of the value of invoices raised to your customers. Once packed payment has been made by your debtor, you will receive the balance of funds, less our insignificant fee. Debtor finance is a generic description of a funding process, based on the value of a business' accounts receivable ledger. Debtor Finance is a way for businesses to motivate their cash flow by funding distinguished customer invoices. Rather than sit and wait for your customers to pay their invoices, you can get funding against these debtors for instant cash that can be reinvested back into the business. There are many companies offering debtor finance. We understand that sometimes businesses need a helping hand. We will be available to aid you at any time whether it is short term or lengthy term. The types of industries that utilize our services are: A range of businesses participate in debtor financing and factoring. Factoring relies on the factor handling the company ledger and being responsible for collection of finances making administrative fees slightly higher. As a method of attaining cash as soon as services are conducted it is accurate for those businesses that require constant cash flow but can’t afford to wait for clients. As a rapidly growing industry with more and more businesses utilizing factoring or discounting the future is exciting. Businesses are lower pressure, now more than ever to keep up to date with clients and maintain efficiency. History has shown us that conventional loan methods through banks aren’t the maximum expedient or efficient. Our aim is to urge those businesses struggling to maintain a steady cash flow through the most effective outlets, factoring and invoice discounting. We trust strongly in maintaining anonymity through this process, and your client will have no idea that they are dealing with a third party. Factoring and invoice discounting is particularly convenient for little businesses who struggle to obtain loans. Credit history is irrelevant as we conduct business on principles of the tomorrow instead of the past.