Urgent Invoice Finance

Invoice finance, also called debtor finance, is funding advanced against invoices you have already issued. The financier pays you most of the invoice value straight away, commonly 80% to 90%, and releases the balance less its fee once your customer pays. It is a revolving facility, so the available funding grows as your sales grow. It is used to bridge the gap between delivering work and being paid for it, rather than to fund a one-off purchase.

A facility can often be approved and drawn within 2 business days where the ledger is straightforward and your debtor report is ready. More complex ledgers, or those involving construction retentions or export invoices, take longer because the financier has to verify the contracts. Where payroll is the deadline, Joseph Farhat and his team will identify the fastest appropriate financier on the panel and manage the process to keep it moving.

Most facilities advance between 80% and 90% of the invoice value, with the balance released on payment. The overall facility limit is set against your debtor ledger, so it scales with your sales. Facilities commonly run from $20,000 up to $5,000,000, and higher with a large, well-spread ledger. Joseph Farhat and his team will review your ageing report and give you an indicative limit and advance rate before you apply.

That depends on the structure. Under disclosed factoring your customer is notified and pays the financier directly, which is common and generally uncontroversial in industries where the practice is normal. Under confidential invoice discounting the arrangement stays between you and the financier and you continue collecting as usual, though it typically requires stronger financials and collection processes. Joseph Farhat and his team will set out what each option means for your customer relationships.

Both exist. Selective or single invoice finance lets you fund one invoice or one customer as needed, which suits businesses with occasional large jobs. Whole-of-ledger facilities cover every invoice and generally price better because the financier gets the full spread of debtors. Selective funding costs more per invoice but leaves you free to use it only when you need it. We will price both so you can compare properly.

Often, yes. Invoice finance is one of the more accessible facilities for a business without full financials, because the financier is looking primarily at your debtor ledger and your customers rather than at years of tax returns. A current ageing report, recent bank statements, and sample invoices are usually enough to get started. Full financials may improve the advance rate and the fee. Joseph Farhat and his team will tell you what each financier on the panel requires.

Yes, we do. Defaults, past arrears, or a director with a mark on their personal file do not rule your business out, and it is not something we will make you feel awkward about. Most business owners carrying a listing picked it up during a period that has very little to do with how the business trades today. Invoice finance is often a good fit in exactly these situations, because the financier is relying more on the strength of your customers than on your own credit history, and several lenders on our panel will price for the risk rather than decline it. What helps most is telling us early, so we approach the right financier first instead of adding enquiries to your file. Joseph Farhat and his team will tell you honestly what is achievable before you apply anywhere.

Pricing has two parts: a discount rate charged on the funds drawn, and a service fee charged on invoice volume. Bank facilities start from around 8% per annum on the drawn amount, and non-bank facilities from around 12%. Service fees commonly run between 0.5% and 3% of turnover depending on volume and ledger quality. Watch for minimum volume commitments and exit fees, because those often decide which facility is genuinely cheaper. Joseph Farhat and his team will set out the total expected cost for your ledger before you proceed.

Because you get one conversation instead of a round of applications, and a genuine comparison of facilities that are hard to compare on your own. Most of the people we help with invoice finance are self-employed business owners, company directors, and operators dealing with something time-sensitive: a payroll run due before a big invoice clears, a large order that has to be funded up front, or a customer who has quietly stretched from 30 days to 75. Those situations are not unusual to us and there is no judgement in the conversation. What matters is the quality of your debtor ledger and your collection history. Our panel covers 90+ bank, non-bank, and specialist lenders, so a strong ledger can go to a bank at a sharper rate, and there are still options when the ledger is concentrated or the money is needed this week. We are based in Sydney and work with borrowers Australia-wide. Joseph Farhat and his team will tell you honestly and early whether we can help and what is realistically achievable in your timeframe.

No. We do not guide you on your finances, nor give financial advice. We focus on outcomes and solutions of presenting your unique scenario to the right lender so you can access funding in a timely and compliant manner.

Yes. Settled With Joe is based in Sydney but arranges invoice and debtor finance Australia-wide, covering both metro and regional areas. We work with clients in Sydney, Melbourne, Brisbane, Perth, Adelaide, and Canberra, as well as regional areas including Newcastle, Wollongong, Geelong, Gold Coast, Sunshine Coast, and Toowoomba. Financier appetite varies by industry more than by location on this product. Joseph Farhat and his team will identify which lenders on the panel are the best fit for your ledger and timeframe.