Tuesday, September 29, 2020

How To Grow Your Business With Invoice Finance


Starting up a company can be a real challenge, but growing it is a whole lot different story. With today's economic atmosphere, knowing your options can make a huge difference, and one of these is going for invoice finance

Most business go for invoice finance for several reasons--making a business afloat and increasing its cash flow, among others. 

Invoice finance is a common option undertaken by many businesses and a necessity for most once they achieve turnovers greater than 3 to 5 million.

With thousands of business shutting down its doors as the global pandemic hit the entire world early this year, many are struggling to survive. So why should enterprises even consider invoice finance?

It is a form of debtor finance that primarily aims to increase cash flow of a company without resorting to high-interest mortgages and the need to tie in a lot of directors' assets. 

Although technically it is a type of loan, but more a financial solution often undertaken by companies to increase cash flow by selling their receivable sales (invoices) to factoring or debtor companies on a discount. 

An invoice, in its simplest term, is a commercial document that stipulates the payable amount value of the services rendered or products sold by a company to its clients. 

While invoices document incoming sales to a company, this cannot be considered like that of a dispensable cash unless payment has been made. 

So if you're an entrepreneur and you're running a business in this time of high uncertainty, you might want to consider this highly viable option for your business to thrive. 


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Darin Hindmarsh is the founder and CEO of Intellichoice Finance, a Brisbane-based mortgage broking company that was established 18 years ago. He was shortlisted as a finalist in the 2020 Australian Mortgage Awards - Pepper Money Broker of the Year – Specialist Lending. 



Friday, September 25, 2020

Intellichoice Finance’s Darin Hindmarsh Finalist In AMA 2020 Specialist Lending Awards

 



The Australian Mortgage Awards, the most prestigious mortgage award-giving body in the mortgage
sector in the country, named Darin Hindmarsh as among the finalists under specialist lending category. 

Among numerous nominations from brokers and mortgage practitioners from all over the country, Hindmarsh has been shortlisted in this year’s Australian Mortgage Awards - Pepper Money Broker of the Year – Specialist Lending. 


Hindmarsh is the CEO and founder of Intellichoice Finance, a Brisbane-based company he established some 18 years ago. 


His story of tragedy, personal struggles, and professional challenges did not damp his spirit to continue what he started. Carrying those experiences with him, he persevered to rebuild his broking firm a year ago to its former glory. 

 

With his almost two decades of industry experience, Hindmarsh continues to help Australians fulfil their dreams of living in their own house. Staying true to its name, Hindmarsh’s Intellichoice encourages its clients to make intelligent choices in making their dreams come true. 


Intellichoice Finance is a broking firm in Brisbane, Australia that specialises in personal finance, particularly owner-builder loans. To know more about their services, you visit their website today.