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Non Discloser Debtor
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Overview
• This non disclosed and Confidential Debtor Finance is a financial facility is designed for working capital needs. With a flexible line of credit linked to your accounts receivable, leaving you to maintain full control of your debtors.
• Firstly it provides a flexible line of credit linked to your accounts receivable
• Secondly enables you to outsource your receivables administration.
Target
Any type of corporate structure, example: sole trader; partnership; trust; private or public company
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Loan Purpose
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Any well established and clear credit history business whom sells to other businesses with excellent management capability |
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Loan Features
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• Better collection of accounts through utilizing Firm Finance expert credit staff & systems.
• Better credit control and minimisation of bad debts through Oxford's state of the art credit checking and monitoring facilities and expertise in setting credit limits
• Minimizing administration, eg payment reconciliations, banking time, paperwork, sending accounts to debtors etc.
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Loan Products
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• No need to wait until the goods has been physically delivered. |
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Minimum Loan Size
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$500,000 per annum (Subject to the loan scenario ) |
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Maximum Loan size
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$10M per annum (Subject to the loan scenario ) |
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Loan to Value Ratio
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80-90%
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Minimum Loan Terms
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1 year
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Maximum Loan Terms
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10 years
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Security Type
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Required
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| Additional Repayment |
Not required |
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Loan statements
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Issued Half Yearly (But you can ask us when required we will mail them to you charges apply).
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Documentation Required
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Subject to the loan purpose, please call 1300 790 909 for more details
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Financial Information
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Subject to the financial statements covering the last 12 months
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Qualifying Interest Rate
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Please call our consultant on 1300 790 909 for more details
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Other Conditions
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Any well established and clear credit history business whom sells to other businesses with excellent management capability with 2yrs in business
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= Required
