Fifo Capital does not concern itself as to whether a company is not yet fully established, has not yet produced a consistent track record of profitability or whether you have hard assets for collateral.
With Fifo Capital, you can use the strength of your customers to get you the working capital you need.
Fifo Capital has a number of advantages:
- No restrictive covenants
- No need to tie up all your assets
- No property security requirements
- No monthly loan repayments
- No performance reviews with your bank manager
- We do not effect current or planned bank arrangements
- You do not need to seek permission from your bank to use our services
- You choose when to use our services, and when to stop
- Our paperwork is extremely simple and all open book
This is done in a very professional manner and does not in any way upset your relationship with your customer.
Fifo capital can fund either a single or small batch of invoices that you have selected; there is no need to hand over your entire customer base. In this situation your customer is aware you have engaged our services and agrees to pay the account direct to us.
Fifo Capital can pay you up to 90% of the invoice value immediately following approval of the invoice transaction (same day), followed by the remaining 10% less our fees once the customer has settled the invoice.
Call us now on 1300 852 556 for a no obligation consultation.