Solution: Access to cash and status reporting on invoices
What Craig said:
“We’d used debtor finance before, but unfortunately we had a very bad experience with a major bank at the time.
My perception of factoring has now changed completely. I can’t believe how much better you guys (AR Cashflow) are. Your reports let me know where we are with every invoice…you even chase money for us.
I can see our business improving and developing in the future.
I will recommend you without hesitation.”
January 22nd, 2009.
Watch video from Vellfam Express Pty Ltd
Name: MarkoKasalo
Title: Director
Company: Citisite Pty Ltd
Location: North Balgowlah, (NSW)
Industry sector: Office Fit-out (ICON – office interior)
Challenge/s: Paying suppliers
Solution: Having available cash
What Marcosaid:
“Having the cash available helps me to manage my money better. It allows me to spread the funds and stops the struggle. I can now pay suppliers on time. I even get discounts for prompt payments.
The three main benefits of cash flow finance are:
Peace of mind
Running of the day-to-day business
Just easier to be in business.
I often talk to my friends and business people about your services. I tell them how debtor finance has really helped my cash flow, and how it is helping me to develop my business.
I have no issues regarding the service and my customers feel the same about dealing with you (AR Cashflow).”
January 23rd, 2009.
Watch video from Citisite Pty Ltd
...I would not have survived 3 months had I not had the factoring facility in place.
......... I find your credit checks very valuable.
I will refer you to anyone with cash flow problems, I have already referred you some business.
I would have not done it without you. I had chewed by reserves; if I wanted to be in business my best option was to improve my cash flow, once the facility was able to set up a line of credit with a fuel company and my trucks can fill up without me worrying about it.
In actual fact, AR Cash Flow will help bringing my business back to where it should be......
Anton Nielsen
Director
Bullock Transport & Engineering Pty Ltd – QLD
January 22nd, 2009
...I have no issues regarding the service and my customers feel the same about dealing with you.......
Debtor finance really helps the cash flow; I can see helping me to develop the business.
I often talk to friend and business people about your services.
Having the cash available helps me to manage my money better, allows me to spread the funds and stops the struggle; I can pay suppliers on time, even get discount for prompt payment.
The main benefits of cash flow finance are:peace of mind, day to day business is less stressful and it is easier to be in business.
Marko Kasalo
Director
Citisite Pty Ltd
January, 23rd 2009
Watch video from Citisite Pty ltd
Although we had no previous experience with debtor finance and putting this facility in place originally was a bit frustrating, especially as we were under pressure due to the double crossing from one of the major banks. I believe, however, that cash flow finance provided a buffer when we need it.......
I would recommend your services.....
Graeme Taylor
Managing Director
Pixel IT Pty Ltd
Melbourne
...just the convenience of having the cash flow up front.
I had no experience with debtor finance but a Finance Broker I know referred me to you, I did some research after that, I needed to know a bit more about the type of service you offer, once I learnt about factoringthe choice was easy, you seemed to understand our business and fitted our criteria.
Factoring has many benefits, but the ease of having the cash available is the most important
Setting up the online system involves some work but it’s easy once you are up and running.
At the beginning I had to explain to some customers that I was not in trouble, once they understood that it was helping my business to grow they had no problems dealing with you.
As to the cost, I think that flexibility is more important, it could be costly if your customers take too long to pay, but your soft approach to debt collection and follow up is very good and has not created any issues; I have no complaints from my customers.
I find you very helpful and quick to respond to any of my queries, I am very happy about everything.
I am pleased to recommend you, I have done so already and it seems to be working very well for them.
Darko Sprecak
Director
Project One Developments Pty Ltd
February 2nd, 2009
... I find you very professional, helpful and willing to assist, nothing seems to be a problem.
As I had no experience regarding factoring I researched 3 companies and after meeting with you, I made up my mind, it was your willingness to understand my business what influence my decision.
In my industry supplies are critical; having the cash available has given us the opportunity to deal with more suppliers, especially with those who require cash up front initially. It has also allowed us to spread our payments.
I would recommend your services without hesitation, you deliver what you promise, and I find you very professional.
Some of my customers were a bit reluctant at the beginning, they thought the business was having problems, there was this feeling of insecurity, but I believe it was because they did not know what factoring is, but they have no concerns now.
