Invoice Finance2018-11-06T00:34:06+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.

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 Application

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

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 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 $365 million, to over 250 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 – 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”

Extremely great service

The personal service & inter-action was extremely gratifying, as a result we were able to do business, which has put our company in a very positive position, I can't speak highly enough of these professionals and would do business with them again, definitely recommend the great service they provide to anyone.

Boy Wetini

Excellent and Professional

We were experiencing a cash flow issue due to rapid expansion in our business. We dealt with TIM and all the lovely staff were so helpful and within a short amount of time we were able to solve our issues and resolve our cash flow. I would definitely use TIM again if needed without hesitation. I would also recommend them without any doubt to anyone in need of their services.

Clarah Nel

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

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