About AddCash Finance
AddCash Finance Pty Ltd is a South Australian company operated by Richard & Jeremy Pomeroy, who have over 30 years experience in banking & finance and in particular, invoice financing.
AddCash is a commercial finance company which specialises in invoice financing for small businesses in South Australia.
Click here to read Just Quick Facts!
We help solve the cashflow problems of South Australian businesses that sell goods or services on credit terms. If you have to wait for your invoices to be paid this can cause cashflow shortages, no matter how profitable your business is.
At a minimum, a cashflow shortage stops your business growing and at worst it causes complete failure. Invoice Financing accelerates business cashflow, so it's an obvious solution.
Put simply, AddCash Invoice Financing is a facility where you sell your unpaid invoices to us and we pay you most of the value of the invoices upfront and the balance when your customer pays. We wait for the payment, allowing you to get on with making more sales and profit, rather than waiting for your cashflow to catch up.
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 usually ignored or offered an old fashioned Factoring facility which requires you to hand over control of your sales ledger to a finance company. 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.
