How it works?
Check out the video
Debtor Finance for Small to Medium Enterprises
Access and drawdown funds against your debtors invoices
One of the many finance solutions you can access is Debtor Finance, directly from a diverse base of investors
Here at Marketlend, we provide peer-to-peer lending so you don’t have to stress about dealing with big banks, and financial institutions. Instead, there is a large marketplace full of investors, ready to secure financial stability for your business.
What is Debtor Finance
-
Low Cost, as low as 0.8% per invoice* -
No capital repayments required* -
Buy more, sell more, up to 90% of invoices funded
-
Improved Cashflow - no more waiting for debtors to pay -
No real estate security -
Full transparency of costs
Quick, Insured and Paperless
-
Advances up to 90% per invoice*
90% advance rate on the individual invoice
-
Choose your debtors
Choose the debtors you would like to finance. You can select as many or as few as you like.
-
Access Direct Funding
Apply and get access to Investors bidding to invest in your business
-
Quick and Easy
Send us the invoices, we do the rest, we pay, and collect (if you wish).
Ongoing Commitment
We can pay invoices for as long as 72 months* without any prepayment penalty to you
Easy Access to Statements
Either link your accounting system or go on line to view your statements
Transparency
Transparency
Visible statements in real time
$17.4 billion
Turnover in the December 2015
$64.4 billion
The total turnover for the 12 months to the end of December 2015
Australian businesses are no longer viewing Debtor Finance as simply a short-term increase in cash flow option, but a strategic method to grow their business. “The enhanced cash position of a company can be used to employ more staff, for capital expenditure, or to take advantage of acquisition opportunities.
With Marketlend’s peer-to-peer Debtor Finance solutions, you can fulfil your demanded output levels, stay up to date with your operating expenses, and receive any discounts from providing early payment discounts.
Robert
KMC Technology Australia
borrowed A$65,000 from 35 investors
We found Marketlend as we deal with banks all the time and need to complete our capital needs. I was sceptical they could deliver. Not only did they deliver but it was exceptional, the administration support improved our collections and the reporting was very transparent.
But what type of business would require Debtor Finance?
Debtor Finance is similar to an asset-based loan. When a customer purchases something from your business, you take record of their purchase using things such as an invoice, and they include the purchase in their balance sheet.
Businesses have their Accounts Receivables in a balance sheet as an asset. The Accounts Receivable is a legal claim for payment from the business to its customer, which can be leveraged to secure a line of credit.
To apply for Debtor Financing, your business submits the debtor name to Marketlend, who seeks an insured limit from the insurer, and obtains a commitment to fund the insured limit from its vast network of investors.
In a 24 hours or less, Marketlend processes the ledger and remits 90% of the value of approved invoices, and will credit you the reserve of 10% when the invoice is fully paid by your customer
Pricing is usually at least 1 to 2 per cent per annum per month cheaper than most other providers.
But how does Debtor Finance work?
Debtor Finance is similar to an asset-based loan. When a customer purchases something from your business, you take record of their purchase using things such as an invoice, and they include the purchase in their balance sheet.
Businesses have their Accounts Receivables in a balance sheet as an asset. The Accounts Receivable is a legal claim for payment from the business to its customer, which can be leveraged to secure a line of credit.
1
Invoicing
2
Financing
3
Payment
To apply for Debtor Financing, your business submits the debtor name to Marketlend, who seeks an in-sured limit from the insurer, and obtains a commitment to fund the insured limit from its vast network of investors. In a 24 hours or less, Marketlend processes the ledger and remits 90% of the value of approved invoices, and will credit you the reserve of 10% when the invoice is fully paid by your customer.
Pricing is usually at least 1 to 2 per cent per annum per month cheaper than most other providers.
Apply now
All lenders, and affiliated parties must register with Marketlend, and be approved so they are verified as a secure lender. That’s why Australians now have a quick, easy, and reliable platform to access extra funds without worrying about big financial institutions!