At IFG, we have our own invoice finance product called IFG Invoice Finance. If your business provides goods or services to other businesses on credit terms then IFG Invoice Finance is well suited to you.
As you raise an Invoice to your selected business customer, you then submit a copy of the invoice to IFG for Finance Approval. We then verify the invoice and once approved we extend 80% against the invoice and deposit this money direct into your nominated Bank Account, normally the Same Day. When the invoice is paid by your customer, we then refund the remaining 20% (less our fees) straight back to you. It’s that Easy!
Benefits of IFG Invoice Finance
Certainty of cash flow is assured.
Ability to pay your suppliers earlier and negotiate early payment discounts.
Assists with funding the growth of your business
Enables you to accept a large order or contract with certainty.
Take the worry out of not Paying your Wages and Bills on time.
Replace your Bank Overdraft and in turn get your family home released from the Bank’s security.
How Does IFG Invoice Finance work?
Step 1
Your Company raises an invoice to your client.
Step 2
Your Company emails a copy of that invoice to inVOICE Finance Group.
Step 3
inVOICE Finance Group provides you 80%, same day, against the invoice.
Step 4
Your client pays inVOICE Finance Group for the financed invoice.
Step 5
inVOICE Finance Group provides the balance of 20%, less fees, to you.
inVOICE FINANCE GROUP
With over 60 years’ experience in assisting Australian business owners with their cashflow we are proud to provide our customers with a FAST and EASY financing solution, with access to extra cash within 24 hours of applying.