Just Quick Facts!
What is it, how does it work, what does it cost?
AddCash Invoice Financing gives you cash quickly, against your unpaid
invoices for which you would normally wait 30 – 90 days before your
customers pay. You can use the cash to expand your business, pay suppliers
& taxes and many other purposes.
You send us copies of the invoices for the customers that you choose, and we advance you up to 70% of the invoice value immediately, or when you ask for the funds. Your customers send their payments to AddCash, and the 30% balance is then paid to you, less costs.
The cost is a discount fee per week of the value of unpaid invoices, determined by the size and nature of your credit sales. Typically it costs about what it would cost to offer your customers a prompt payment discount to get them to pay quickly.
Click on Frequently Asked Questions for more detailed information on AddCash Invoice Financing.
Very large businesses have been using this style of finance for more than 20 years in Australia, initially through finance companies and in more recent years with Banks. Smaller businesses are often ignored. AddCash provides a Bank quality facility which is affordable for smaller businesses to establish, easy to work with and leaves you in control of your business.