Entries by Paul

Delinquent Payment Figures Rise 28%

Forget the Minties. At a time like this you need single invoice finance! The reason? According to Business watchdog, Dun and Bradstreet, Australian businesses are increasingly neglecting to pay their bills. The number of severely delinquent payments has jumped 28% over the Christmas period. D & B’s definition of severely delinquent is 90 days plus […]

Factoring Gets A Fantastic Face Lift

Factoring has had a fresh new coat of paint. Until now,  this powerful financing tool has mostly been the  exclusive  preserve of large companies in cosy relationships with conservative  bankers and financiers. Now,  thanks to the advent of single invoice finance  just about any business can  enjoy the benefits of selling invoices. It has never been easier to […]

Invoice Finance Tops $14 Billion in March Quarter

As small and medium sized businesses continue to grapple with a challenging cash flow environment they are increasingly turning to  invoice finance as a solution. According to the Institute for Factors and Discounters, industry turnover in the three months to March 2011 increased by 6.6% compared with the same period the year before. Total receivables […]