Power to GrowInvoice Finance

Get up to 85% of business invoices as a cash advance within 24 hours.
Access funds without personal asset security.
Your facility can grow with your receivables.
Manage your entire supply chain process via our innovative platform.
Integrates seamlessly with Xero and MYOB AccountRight.
Access up to $2m additional working capital to expand operations or acquire new assets via our Term Loan*

Enquire Now

What is Invoice Finance?

Invoice finance, also known as debtor finance, invoice financing or invoice factoring, gives businesses quick access to cash by using their unpaid invoices as collateral. While waiting for customers to pay, businesses can receive a significant portion of their invoices upfront via an invoice finance facility.

The financier charges a small fee to advance the funds and then collects the full payment from the customers when the invoices are due. Invoice financing is a flexible and efficient way for businesses to manage their working capital and maintain steady operations.

About Invoice Finance

Grow smarterGet up to 85% of your
invoices paid now

Access cash to seize growth opportunities

Do some of your customers take weeks or even months to pay their invoices? Is this stopping you from pursuing growth opportunities? With invoice finance, you can quickly access up to 85% of your invoices as a cash injection to grow your business.

Get covered if a customer defaults

Are you concerned about potential losses from customer defaults or insolvency? Octet Buyer Protection offers up to 90% coverage, empowering you to manage overdue debts. Confidently expand sales to current customers and extend credit terms to new ones, knowing your business is protected.

Ride out cash flow fluctuations

Consistent cash flow is the biggest challenge for any business, large or small. Invoice finance relieves cash flow strain and gives you access to a flexible line of credit when your business needs it.

Enjoy bank-beating flexibility

Traditional term loans or credit lines no longer working for your business? Invoice finance provides the flexibility to supplement your finance arrangements with the added benefit of a facility that grows alongside your receivables.

Use your unpaid invoices as security

Leverage the assets your business already has — its unpaid invoices. Because your business can secure its own funding, there’s no need to use personal assets or real estate holdings for security.

Invoice Finance with Octet How it works

Make the deal

You sell something to another business, which becomes your debtor.

Raise the invoice

You send an invoice to your debtor and upload details onto the Octet Platform at your selected frequency.

We advance funds within 24 hours

We make up to 85% of the invoice value available on the platform. You can draw down any amount up to your available limit.

Your debtor pays

Your debtor pays the invoice into a nominated account that we manage.

You receive the remaining invoice balance

We pay you the remaining invoice balance, less our fees.

Power to Purchase
The Octet Term Loan

Unlock additional working capital to expand operations or acquire new assets by activating an Octet Term Loan as part of your Invoice Finance facility — giving your business the support it needs to grow.

Learn more

Flexible Financing
Access to a flexible and affordable finance solution

Access a Term Loan of up to $2 million to achieve your business goals, with flexible repayment terms ranging from 6 months to 3 years.

Versatile Utilisation
Invest in assets to grow your business

Use the facility for various business purposes, including working capital, purchase of new or used plant and equipment, and restructuring of existing loan facilities.

Tailored Security
Safeguard your business growth

Secure financing against new or existing assets, including plant, equipment, and real property (including on a 2nd mortgage basis).

Easy Application
Save time with fast approvals and competitive rates

With a fast approval process and competitive rates, you can easily consolidate loans, saving time and money.

* Terms and Conditions apply. Consult your dedicated Octet Relationship Manager or BDM for full Terms and Conditions.

Get started
with Invoice Finance

Your approx. annual revenue

5,000,000

Approx. Receivables ledger value

500,000

Your upfront cash availability could be up to*

^$425,000

With funds advanced within

24 hours

Enquire Now

* This is an indication of the maximum debtor finance facility availability for which you may be eligible, and not an offer.

Powerful accounting integrations

Connect your receivables ledger to Octet with just the click of a button through our seamless integration with Xero and MYOB AccountRight. This means even quicker access to funds and more efficient management of your receivables ledger.

Why choose Invoice Financewith Octet?

Get access to cash much faster than a bank can offer.
Access your money without personal asset security.
Boost cash flow for business growth.
As your receivables grow, so can your facility limit.
Diversify funding while relying less on banks.
Make your business self-replenishing.

Enquire Now

Harnessyour business potential

Octet’s Invoice Finance solutions are tailored to your business and industry needs, enabling you to better manage your business cash flow, operations and future planning.

Healthcare

Food and beverage

Materials

Transport

Labour hire

Construction & Engineering

How Invoice Finance powers Builders Steel Direct

“We had business plans. We had dreams of making this business what it is today, and what it will be tomorrow. So we went looking for a finance partner that understands our business and found Octet.”

Jason Wright, Director
Builders Steel Direct

Watch the full story

Your invoice finance questions answered

There seem to be different invoice financing products, such as debtor finance, invoice factoring and invoice discounting. Which product should I consider for my business?

Invoice finance is also known as debtor finance. As an Octet client, you will receive a tailored invoice finance solution that fits your business needs with our Debtor Finance facility. Our facility is flexible so that it can be used as your primary funding source or to top up funds. Existing or future loans you might seek generally won’t be affected, and you don’t need to offer security, like property or personal assets. We work with you to create a financing solution for your needs.
Is invoice finance right for my business?
Octet’s invoice finance facility suits a broad range of small, medium and large businesses, from startups to established companies and businesses experiencing cash flow issues. It’s also a flexible financing option for businesses that might be in tax arrears or are experiencing losses.

To qualify, you’ll need to:
- provide proof of debt (unfortunately, construction businesses may not qualify due to progress claims)
- have a total ledger value of $100,000 or more, and have more than one business-to-business client on your receivables ledger
- have a suitable customer spread
- be able to demonstrate your business trading history
- have a turnover of at least $1 million a year.
We’ll also consider your credit rating to determine whether a disclosed or confidential invoice finance facility is best for your business.
How is it different to a bank overdraft?

To qualify for a bank overdraft, you’ll need to secure the funds — often with property or personal assets. But when applying for invoice finance, you don’t need to offer any personal security. An Octet invoice finance facility is secured against your business and its receivables ledger. This means every sale you make instantly contributes to your business success — your working capital facility grows with every sale.
How quickly will I receive the funds?

After you upload your invoices to our facility, you’ll have access to up to 85% of the invoice amount within 24 hours.
How much funding will I receive?

You can convert up to 85% of your business invoices into a cash injection that goes straight back into your business.
How much does invoice finance cost?

Fees are calculated based on the facility and the business needs. Generally, there’s a service fee and an interest component. Businesses using invoice finance typically pay slightly more than they would for an overdraft facility or bank loan.
How do I access a term loan?

A Term Loan can be activated as part of your Invoice Finance facility. If you already have an Invoice Finance facility with us, call your Relationship Manager on 1300 862 838 or send us an email to termloan@octet.com to find out more.

Driving financial stability via smart Debtor Finance and Buyer Protection

It’s time to Power your business

Octet gives you the power to scale.

Enquire Now

Working Capital Solutions

Trade Finance

Debtor Finance

Supply Chain Accelerate

OctetPay

Industries

Why Octet

Digital wallet

Global network

Cross-border payments

Supply chain management

Security

Rewards

Power to GrowInvoice Finance

What is Invoice Finance?

Grow smarterGet up to 85% of yourinvoices paid now

Access cash to seize growth opportunities

Get covered if a customer defaults

Ride out cash flow fluctuations

Enjoy bank-beating flexibility

Use your unpaid invoices as security

Invoice Finance with Octet How it works

Make the deal

Raise the invoice

We advance funds within 24 hours

Your debtor pays

You receive the remaining invoice balance

Power to PurchaseThe Octet Term Loan

Flexible FinancingAccess to a flexible and affordable finance solution

Versatile UtilisationInvest in assets to grow your business

Tailored SecuritySafeguard your business growth

Easy ApplicationSave time with fast approvals and competitive rates

Get startedwith Invoice Finance

5,000,000

500,000

Your upfront cash availability could be up to*

$425,000

24 hours

Powerful accounting integrations

Why choose Invoice Financewith Octet?

Harnessyour business potential

Healthcare

Food and beverage

Materials

Transport

Labour hire

Construction & Engineering

How Invoice Finance powers Builders Steel Direct

Your invoice finance questions answered

Insights to power your business

How Octet empowered Skillforce Recruitment to scale with confidence

Proven strategies for successfully growing your business

Driving financial stability via smart Debtor Finance and Buyer Protection

It’s time to Power your business

Grow smarterGet up to 85% of your
invoices paid now

Power to Purchase
The Octet Term Loan

Flexible Financing
Access to a flexible and affordable finance solution

Versatile Utilisation
Invest in assets to grow your business

Tailored Security
Safeguard your business growth

Easy Application
Save time with fast approvals and competitive rates

Get started
with Invoice Finance

^$425,000