Invoice Finance 2018-09-18T23:07:35+00:00

“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.

We have a fast, simple online application process process (or if you prefer we can send an application form via email). Simply complete the form provided (5-minutes), include the supporting documents required and you will have an offer tailored to your business within a few business hours.

Invoice Financing is not like a conventional business loan with regular weekly or monthly payments. Instead, tim. will fund your business in advance against the invoices you provide. Upto 90% of the value of the invoices is funded on the invoice issue date with the remaining unfunded portion (minus a small administration or discount fee) when your client pays their invoice/s in full.

The cost of the administration or discount fee charged by tim. for providing up front capital varies from client to client depending on total capital required and the invoice payment terms. However, be aware it is generally a far lower cost and strain on cashflow than other traditional short-term funding options.

The outstanding invoices for your business provide the collateral to support the funding. This is why invoice financing can be a great choice to conventional funding options that can require you to put down large assets as security (such as the family home).

Fast 5-Minute Online Application

It only takes 30 seconds & won’t affect your credit score!

Invoice Finance Offers A Great Solution To

Problems with slow paying customers

Start-ups successfully trading but struggling to get funding

Businesses who want their accounts receivables to work for them

Seasonal cash flow fluctuations

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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. Our easy-to-use calculator can help you work out how much money you could raise.

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.

Why Invoice Finance

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 application or set up fees, no ongoing interest fees, no repayments and no property security required.

It’s 100% Flexible

Offer as many or as few invoices or debtors as you require when you require the funds so as to manage your cash flow needs.

Funding In 24 Hours

Get your cash flowing now and grow your
business.

Why should I go with tim.?

We have funded over $350 million, to over 250 Australian businesses representing 20,000+ 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 – No interest & No repayments

    With tim., interest is not charged at all and 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

    • No application or setup fees
    • No exit fees
    • No unused or undrawn facility fees
    • No audit fees
    • No property security
  • 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 $50,000 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 with no restrictive contracts or 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.

Our Customers Have
Rated Us “Great” On

No Reservations!

The Invoice Market: Excellent process, easy people to deal with, trustworthy and ethical.

Trevor Jones

A good experience

Clear requirements and helpful staff providing good service.

Robin Hall

tim. Funding Process

5 simple steps to secure funding

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

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

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

  • 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

  • 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

104% pa improvement in business turnover and a massive uplift in profit through the correct implementation of tim’s. Accelerator and Accelerator Plus innovative funding!

By | May 30th, 2018|

Revolving, unsecured, protected and very very smart! Our new client provides a range of concrete products to the CIVIL Construction [...]

Try Our Calculator

See how much cash you could receive based on your receivables ledger, with our easy to use calculator.

$4,000

this 90% could be
yours in 48 hours

$825

this is the remainder of the invoice which will be paid when your customer pays

$175

the discount rate you could pre-agree with tim.

The cash flow funding pre agreed discount is indicative and based on customer terms, debtor strength and maybe higher or lower than shown. Apply Now for a cash flow account

Note: The above results are indicative only and should not be relied upon whatsoever as outputs are subject to change based on specific customer data, debtor strength, and other credit criteria required, which may result in higher or lower results than shown above.

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.