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Maximise your cashflow by borrowing against your receivables When you provide services on credit terms - i.e., your contractors do the work, then you invoice after - your cashflow can come under pressure. This is especially true for agencies experiencing rapid growth.
One way to help is through debtor financing. Here, you borrow against the value of your outstanding debtors or receivables, providing cash now against invoice payment later.
CXC Global can help you with debtor financing, allowing you to maximise your cashflow. Some of the CXC Global solution advantages include:
- Up to 80% of the value of your debtors, right away: no waiting 30, 60 or 90 days
- You control collection of debtor payments: your clients need never know of the involvement of CXC Global
- Unlocks cash to invest in your ongoing capital requirements, helps to reduce admin costs, and even take advantage of early payment discounts with suppliers
- No property required as security: CXC Global’s security is over the debt
- Simple charge of admin fee and interest rate
- Finance covers debtors up to 90 days: after that, you must ‘buy back’ the debtor from CXC Global
To find out how CXC Global Debtor Finance can help you, talk to one of our experienced personnel on 1300 724 082, or enquire online for more information.
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