Equipment rental solution for Australian businesses

Keep your options open and preserve as much cash as possible to grow and expand. The commercial finance team at Intellichoice have a smart and flexible finance solution tailored specifically for businesses in need of funding for commercial equipment.

Our unique equipment rental solution gives your business the flexibility to:

• Purchase equipment at any time during the first 12 months and receive 75% of the net rent as a rebate
• Return equipment at the end of the 12 month agreement if it is no longer required
• Continue to rent - and we'll simply continue to reduce your purchase price

 Some of the great benefits of the equipment rental finance solution include the following:

• Low weekly rental repayments
• The chance to free up your valuable working capital
• Equipment rental gives your business the ability to try before you buy
• You get peace of mind knowing you're not stuck with equipment that isn't perfect for your business needs
• No long term lease agreements
• Rental payments are 100% tax deductible
• Renting is off 'balance sheet' meaning it doesn't affect your capacity to borrow for future expansion

To find out more about our equipment rental solution or for more information about our other business cash flow solutions to help your business grow and expand, speak to one of the business finance consultants at Intellichoice today on 1300 55 10 45 or visit www.intellichoice.com.au to view our range of financial services.

Australian businesses face financial distress

According to research from Dun & Bradstreet, climbing interest rates, the dwindling government stimulus action and tight credit conditions will continue to make recovery difficult for about 80,000 Australian businesses.

The latest risk research from Dun & Bradstreet reveals the number of firms downgraded has risen by close to 15,000 compared to the same time last year - a period when the local and global economy was continuing to face significant pressures from the global credit crisis.

The research also reveals that downgrades have resulted in more than 36,000 Australian firms being classified as a high risk of experiencing financial distress in the coming 12 months.

Dun & Bradstreet's director of Corporate Affairs, Damian Karmelich says: "It's an important sign that risk remains prevalent and firms must be constantly vigilant".

If your bank is tightening their lending criteria and you are looking for alternative business finance solutions, speak to the mortgage brokers at Intellichoice. We have access to business cash flow solutions, including invoice financing, trade finance, inventory finance and equipment rental to assist you with your business. Call 1300 55 10 45 today for more information.

Why your business should consider using invoice financing

Are you concerned about your current credit facilities with your lender? Is your bank tightening their lending criteria and making it difficult for you to grow and expand your business? Are you unsure of what other options are available to help you grow or cash flow your business? Then you should consider using invoice financing.

Read the article below on some of the reasons why you should consider invoice finance:

https://www.intellichoice.com.au/find-right-invoice-finance

Speak to the mortgage brokers at Intellichoice on 1300 55 10 45 if you would like more information about invoice financing.

Business cash flow solutions for SME's

According to the Sensis Business Index Report (March 2010), SME's have 'mixed feelings about their business prospects over the coming 12 months. They cite business cash flow problems as their number one concern.

If you are looking at growing your business to take advantage of the opportunities in the marketplace, but your bank is restricting your plans, you should consider invoice financing.

As well as boosting cash flow quickly, an invoice financing facility can provide greater certainty and clarity  for the future of your business.

Invoice finance, also called debtor finance can:

• Improve on cash flow and help your business run more smoothly
• Access funds within 24 hours
• Get up to 90% of the value of your invoices available for use in the business
• Improve your buying power
• Reduce personal exposure to the business and the risk of losing the family home
• Fund business growth with increased working capital

If you are concerned about your current credit facilities with your lender or if you would like to find out what options are available to grow or cash flow your business, speak to one of the experienced invoice financing consultants at Intellichoice today on 1300 55 10 45.

What is inventory finance

Inventory finance is suitable for businesses that need funds immediately for the first phase of the selling process. Whereas other business financing facilities, such as invoice financing or debtor finance cater for the last phase of cash flow, inventory finance lets the business finance the inventory (or stock) right away.

Inventory finance provides cash upfront for a wide range of businesses, including for raw materials, boats, stationery, fresh fruit, clothes/fashion and electrical products.

Inventory finance is a means for a business to grow and expand operations. Additionally, businesses who use inventory finance are also able to expand their customer base and take on bigger orders with less concern.

Some of the benefits of inventory finance include the following:

• Inventory finance is designed to help your business grow
• Mortgage lenders advance money for stock that has yet to go out the company door
• Inventory finance is suitable for businesses that need the money immediately in the first phase of the selling process
• You can increase your purchasing power with inventory finance. It gives you the opportunity to purchase additional stock, without any requirements to have it pre-sold, invoiced or delivered
• No real estate security required
• Secure supplier discounts, enjoy bulk savings and reduced freight costs through earlier supplier payments and larger orders
• Increase your purchasing power
• Inventory finance still lets you retain title and control of your stock
• Expand your customer base

For more information about inventory finance and whether it is suitable for your business, speak to one of the experienced mortgage brokers at Intellichoice on 1300 55 10 45. Our dedicated business finance team also have access to other business cash flow solutions, including invoice finance, trade finance and equipment rental.

Invoice finance solutions for businesses

Are you waiting 30 and sometimes even up to 90 days for your customers to pay you? Is your bank tightening their lending criteria and making it hard for you to grow your business? If this is the case, then your business should consider invoice finance, also called debtor finance or invoice discounting. 

Invoice financing can:

• Improve on cash flow and help your business run more smoothly
• Invoice finance lets you access funds quickly 
• Invoice finance lets you capitalise on business opportunities as they arise
• Reduce personal exposure to the business and the risk of losing the family home - no real estate security is required
• Increase your purchasing power
• Invoice finance can help improve on supplier relationships

Some of the features of invoice finance or debtor finance include:

• No real estate required
• Flexible invoice finance facilities to suit your business needs
• You still maintain control 
• Rapid source of funds
• Short term funding 
• Funding available for almost every business
• No red tape application process

If you are concerned about your current credit facilities with your current bank or if you would like more information about invoice financing and how it can help you grow your business operations, speak to one of the mortgage brokers at Intellichoice on 07 3624 1900 today. Intellichoice also has access to other business cash flow solutions including trade finance, stock finance and equipment rental.