As a specialised debtor financier, our target market is those businesses that sell to other businesses on credit terms. There are a number of businesses that are suited to debtor finance, and these can be split into two main categories:
1. Businesses that require additional working capital for specific reasons, eg:
i) Growth - the facility is generally limited only to the level of a businesses accounts receivable. As the business grows, so does the Line of Credit. This gives your client flexibility to grow their business in the knowledge that they have an increasing working capital facility, without the need to continually approach their Bank Manager.
ii) Start Ups / MBOs - Debtor Finance is an ideal facility to assist those businesses in their infancy, with their working capital needs.
iii) Obtain Supplier Discounts - the additional cash generated will enable a business to negotiate discounts with its suppliers.
iv) Settlement Discounts - by gaining access to 80% of invoices immediately, a business can avoid offering expensive settlement discounts to their customers.
v) No Real Estate - many of our clients have refinanced their traditional Bank facilities such as overdrafts, generally without the need for real estate security.
vi) Quick Creditor Turn - Creditors need to be paid quicker than debts can be collected.
2. Businesses that seek to outsource their receivables administration.
Oxford provides a comprehensive credit management and collection service. We use the latest technology to administer a debtors ledger, whilst keeping our clients fully informed of collections, our specially trained staff can free up time and save the considerable costs that can be associated with accounts receivable administration.
Find
out the Suitable Industries for Debtor Finance.
To discuss your business cash flow requirements contact us directly on 1800 850 509 or .