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Forget ‘factoring’! Forget ‘WIP or receivables’ financing! If
you operate a ‘fee for service’ business, look at the unique benefits of ‘Fee
Funding’ Managing cash flow is critical, plus a challenge
at the best of times. In a higher
interest rate and slowing economy environment, even more so. In addition, significant people resources
are distracted from core business activity, plus additional costs are incurred
on debtor management. There’s no reason why ‘fee for service’
businesses should give away so much by utilising factoring or handing over
security of your debtors to secure financing. With ‘Fee Funding’, your firm receives the funds
upfront and your clients pay by monthly instalments, including interest
costs. The funder manages the
receipting of the monthly instalments.
Many of your clients would be familiar with this process as the
majority probably use ‘insurance premium’ funding! Your firm has the money in the bank; is better
positioned to manage creditors and cash flow in general; no debtors to worry
about; and staff resources focused on customers and growing your business. Fee Funding is suitable for operatives in the
‘business to business - fee for service’ industry sectors such as: Accountants –
Solicitors – Recruitment – Advertising - Business consulting of various types
– Information Technology – Architects – Engineers – Surveyors - Accreditation
Agencies - Employee Training – Occupational, Health & Safety......and so
on the list goes! View Testimonials
from avid users. Next steps If keen to know more, Click Here to be
diverted to our online form. Complete,
submit the information sought and we’ll contact you shortly. Also Click Here for helpful hints on debtor management. About Fee Funding Australia Pty Ltd (‘FFA’) FFA has been established by parent company Audit
Services Pty Ltd to segment its fee funding activities. The restructure was also prompted by our
recent alliance with publicly listed company Firstfolio Limited (www.firstfolio.com.au)
to manage their Fee Funding facility for legal firms. FFA is in discussions with several other leading
organisations to assist with their Fee Funding needs. Contact us. Phone: 02 9261
4228 Fax: 02 9261 4229 Email: fees@feefunding.com.au Address: Suite
2 Level 7, 541 Kent Street, Sydney NSW 2000 Postal: PO Box
20756, World Square NSW 2002 |