Power to GrowDebtor 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

Clickable illustration of Debtor Finance (also called Invoice Finance), depicting how businesses can leverage Debtor Finance to give businesses quick access to cash by using their unpaid invoices as collateral.

What is Debtor Finance?

Debtor finance, also known as invoice finance, gives businesses quick access to cash by using their unpaid invoices as collateral. While waiting for customers to pay invoices, businesses can receive a significant portion of their invoices upfront via a debtor 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. Debtor finance is a flexible and efficient way for businesses to manage their working capital and maintain steady operations.

About Debtor 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 debtor 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. Debtor 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? Debtor 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.

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

Labour hire

Transport

Food and beverage

Wholesale

Retail

Healthcare

How Debtor Finance powers Builders Steel Direct

“Our supplier and debtor relationships are critical. Every business needs a finance partner who understands them and can help fulfil their obligations and facilitate sustainable growth. Octet is exactly this type of partner for us.”

Jason Wright, Director
Builders Steel Direct

Watch the full story

Your debtor finance questions answered

Does my business qualify for debtor finance?
Octet’s Debtor Finance facility suits a broad range of businesses from early-stage companies to established organisations and businesses with cash flow issues. It’s also a flexible financing option for businesses that are experiencing losses and might be in tax arrears.

To qualify, you’ll need to:
- be in an industry that provides proof of debt (unfortunately, those in the construction industry may not be able to due to progress claims)
- have more than one business-to-business client on your receivables ledger, with a total ledger value of $100,000 or more
- have an appropriate spread of customers
- have demonstrated business trading history
- have an annual turnover of at least $1 million.
We’ll then use your credit rating to determine whether confidential or disclosed debtor finance suits your business best.
I’ve heard there are different debtor finance products like invoice factoring, debtor factoring and debtor loans. How do I know which product is best for my business?

When you come to us for debtor finance, we tailor a solution to fit your business needs. Our facility is flexible enough to use as your primary funding source or just to top up funds. It won’t affect existing or future loans you might seek, and you don’t need to provide security, like personal assets or property. We work with you to create a financing solution for your needs.
How does this compare to a bank overdraft?

A bank overdraft requires you to secure the funds – often with personal assets. With debtor finance, you don’t need to provide any personal security. Instead, your facility is secured against your business and the receivables themselves. This means every sale contributes immediately to your business success – the more sales you make, the more your working capital facility grows.
How quickly will I be paid?

Once you’ve uploaded your invoices, we’ll provide access to up to 85% of the invoice amount within 24 hours.
How much funding can I access?

You can convert up to 85% of your company’s invoices into an immediate cash injection.
What are the costs associated with debtor finance?

Costs vary depending on the specific business and the facility offered. Generally, there is an interest component and a service fee. Businesses using a debtor finance facility usually pay only slightly more than they would for a bank loan or overdraft facility.
How do I access a term loan?

A Term Loan can be activated as part of your Debtor Finance facility. If you already have a Debtor 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.

Insights to power your business

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How to manage business growth: strategies for sustainable success

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How debtor finance and a term loan fuelled growth for an infrastructure services specialist

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How Octet empowered a homecare services company with working capital finance

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 GrowDebtor Finance

What is Debtor 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

Debtor 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 Debtor Finance

5,000,000

500,000

Your upfront cash availability could be up to*

$425,000

24 hours

Powerful accounting integrations

Why choose Debtor Financewith Octet?

Harnessyour business potential

Labour hire

Transport

Food and beverage

Wholesale

Retail

Healthcare

How Debtor Finance powers Builders Steel Direct

Your debtor finance questions answered

Insights to power your business

How to manage business growth: strategies for sustainable success

How debtor finance and a term loan fuelled growth for an infrastructure services specialist

How Octet empowered a homecare services company with working capital finance

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 Debtor Finance

^$425,000