Invoice Finance2020-03-18T08:11:08+11:00
Rated 4.9 out of 5

Invoice Finance

Flexible, Easy Business Funding

Need working capital for your business but don’t want to take on debt or create further debt? Then you’ll love TIM Australia’s leading ‘NextGen’ business funding provider. Don’t wait for 30, 45 or even 90+ days for your clients to pay your invoices. Turn your outstanding invoices into cash within 24 hours with Invoice Finance!

Chat With A Tim Expert
1300 694 686

Serving Clients
Australia Wide

Angus Sedgwick
1300 694 686
0410 060 684
Suley Harman
Vineeta Jakhar
Vineeta Jakhar
Suley Harman
Suley Harman
Angus Sedgwick
1300 694 686
0410 060 684
Angus Sedgwick
1300 694 686
0410 060 684

What is Invoice Financing?

“Cash is King” and never more so than in business. Businesses need cash to operate. They need to purchase supply inputs, pay staff, as well as cover bills such as rent, equipment leases, telco and energy costs, and they also need money to invest and grow.

All too often this cash is borrowed in the form of high interest unsecured loans or an overdraft. Whereas most businesses actually already have the money – there are usually thousands of dollars tied up in unpaid invoices sitting in your Accounts Receivables (“AR”) ledger at any one time. Invoice finance unlocks that money by getting you cash upfront, instead of waiting 30 to 90+ days for an invoice to be paid, businesses can meet many of their funding needs including major investments with invoice finance.

As soon as you’re approved, you can upload some of your invoices or your entire Accounts Receivables ledger and you will receive the funds on the same day or within 24 hours of invoice verification. To get started, simply complete the online application form provided on our website. It will only take a few seconds and won’t affect your credit rating.

TIM charges no upfront application fees to set up an account, nor does TIM charge weekly or monthly interest and principal repayment fees like a traditional unsecured business loan. All you pay is a small percentage of the invoice value funded (called a discount fee) and only when your debtors pay their invoices. What this means is that you make no ongoing interest repayments at all. The actual discount fee charged varies based on the size and value of the business and the debtors being funded, suffice to say that it usually works out cheaper than taking out an unsecured business loan or even an unsecured overdraft facility. Yes, that’s correct – simple and fair.

TIM’s cash flow funding solutions DO NOT require property security as collateral. We use your Accounts Receivables ledger as collateral. The larger your ledger, the more funds we will advance you with no other physical security.

To get access to cash from their Account Receivables Ledger rather than waiting for their debtors to pay them, these funds can then be used to run and grow the business. It is the same concept as offering your customer (aka debtor) an upfront discount if they pay your invoice early, and it allows businesses to obtain an advance of up to 90% of the invoice value with the 10% balance (less a small fee) received when the debtor pays.

Quick Online Enquiry

It will only take a few seconds & will not affect your credit rating.

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Why Invoice Finance

Solve your business cash flow needs with flexible, fair funding.

Well over $60 billion is funded to Australian businesses each year using their Account Receivables ledger. The days of bank overdrafts linked to property security being the only option for funding are over, and invoice finance is becoming the preferred option for smart Australian SMEs.

No Hidden Fees

No upfront Application fees, no property security required and no hidden fees.

It’s 100% Flexible

We’ll provide the flexibility you require in order to manage your cash flows. No long lock-in contracts either.

Funding In 24 Hours

Don’t wait weeks or months for your money.

Invoice Finance Offers
A Great Solution To

  • For small and medium size businesses that need working capital to keep growing

  • Businesses with annual revenue of at least $1.0 million and who have regular paying customers

  • For businesses that are coming out of a tough trading environment that need cash today to bridge the gap between invoicing customers and getting paid

  • Seasonal cash flow fluctuations

How much money can I get?

Typically, you receive up to 90% of your invoice/s value up front, in cash. You then receive the balance of the invoice/s, less the TIM agreed discount fee when your debtor/s pay your invoice/s.

You can get as much as 90% of your total accounts receivable ledger, at any given time. Get in touch with us to find out how much money you could raise today.

Enquire Now

Ok, how much does this REALLY cost?

TIM has no application fees to establish your Funding Account. So, there are no upfront fees before you receive funds from TIM.

All you pay is a one-off amount on the invoices funded and only when your debtors pay their invoices. What this means is that you make no interest repayments at all. Yes, That’s it. Simple and fair.

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Why should I go with TIM?

We have funded over half a billion dollars to over 350 Australian businesses representing 22,000+ invoices.
Here are just a few of the many benefits of working with TIM:

  • Low Risk – Protection against your client not paying you or defaulting on payment

    If you issue invoices and your client (the debtor) fails to pay, and your business has not committed a fraudulent transaction, then TIMSecure™ steps in and protects you and covers up to 90% of the funding provided as well as the legal costs to chase your client (debtor). This is unlike business loans where you run the risk of losing your business as well as personal assets in the event of default by your client.

  • Low Cost

    With TIM you are not locked into repayments on a daily, weekly, or monthly schedule. In fact, there are no repayments at all because TIM is not a bank or like other ‘unsecured’ cash flow lenders and does not force businesses into ongoing loan facilities with fixed repayment terms. All you pay is a low pre-agreed fee and only at the time when your client pays their invoice/s.

  • No Hidden Fees

    Extra fees are so common in business lending that SMEs have got used to them – but they shouldn’t accept them! It’s worth looking at a short, non-exhaustive list of fees TIM does NOT charge compared to other lenders.

  • Available to all Australian businesses

    TIM’s invoice finance facility is available to every Australian business that invoices other businesses (B2B). We offer flexible funding facilities ranging from $100,000 to $5.0 million. Even if you can’t get a business loan or overdraft, you can qualify for invoice financing as it is based on your current sales, not your past.

  • Fully Flexible Option without Long Lock-in Periods

    Flexible and tailored funding solution for your business. Your business is not burdened with long ongoing contracts and repayment schedules. You can raise the cash flow against your debtors ledger whenever it suits you and your requirements.

  • Easy & fast application process

    Apply online from the comfort of your home or business, no unnecessary paper-work. Get up to 90% of your invoices paid within 24-hours of approval. Our simple online system gives you full control over your financing.

Here’s why the experts choose TIM

This is Loren. She doesn’t work for us, but we’ve done a lot of business together. Loren is one of the many trusted business consultants who consistently recommend TIM to their clients. Watch the video below to find out why.

Chat With A Tim Expert
See Case Studies

We’ve funded well over half a bilions dollars

Discover why so many Australian businesses are choosing TIM.

”Our Customers Have Rated Us “Great”

TIM Funding Process

5 simple steps to secure funding

Quick same-day setup

  • No application or set-up fees
  • No long lock-in contracts
  • No property security required

Select your invoices and upload

  • Choose only the invoices you want funded
  • No fees as you add more debtors

Due diligence

  • TIM checks the credit rating of your debtors and verifies each invoice
  • Open and honest appraisals

Access up to 90% of your cash up front

  • Get up to 90% of your invoices paid to you without any hold backs or fees
  • Get your money within just 24 hours of approval

Access balance of cash

  • The more you cash-flow with TIM, the lower the discount fee can become
  • The balance due on your invoices are paid to you when your client pays their invoice, less a pre-agreed discount rate
  • TIM is paid when you are paid and not before

Latest Case Studies

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By |29 November , 2018|Tags: |

Our new client provides specialised saturation diving, underwater CIVIL and major recovery of assets for [...]

Make cash flow management easy by aligning your
accounting software to TIM.ex.

TIM’s accounting interface is quick to activate and helps to manage
money and pay suppliers.

Get Tomorrow’s Cash flow Today

Helping you find smarter ways to use your own cash and avoid the pitfalls of borrowing funds. TIM Finance is always ready to help in a fairer, more flexible and far more affordable manner than a traditional business loan. Contact a TIM expert today.

Chat With A Tim Expert
1300 694 686

TIM Finance offers several different funding solutions (Services), one or more of which has a no-fee, no interest and no long lock in contract period, called the Fully Flexible funding option. Conditions, fees and charges apply to some of the Services provided, which may change or we may introduce new ones in the future. Full details for all funding options (Services) including any fees and charges which may apply, is available on request. Lending criteria apply to approval of credit products. This information does not take your personal objectives, circumstances or needs into account. Consider it’s appropriateness to these factors before acting on it. Read the funding agreements provided, for your selected product/service, including all the Terms and Conditions contained in agreements provided, before proceeding. *T&Cs: Minimum 12 month invoice funding contract with TIM Finance. Direct clients only, offer doesn’t apply to broker introduced clients. All standard credit terms and conditions apply including credit assessment. Not applicable to existing clients.