Funding examples

A simple, step by step example of how Fifo Capital can speed up your working capital funding needs:

  1. You select one or two invoices you wish to receive immediate payment for.
  2. You sell the invoices to us and we immediately give you up to 90% of the invoice value, in cash.
  3. When full payment is collected from the customer, we give you the remaining 10% of the payment less our fees. 

Invoice value

$35,000

90% payment to you

$31,500

Customer makes payment

 

Fifo Capital fees

 $1,750

Residual payment to you

$1,750

 Payment to you

 

Total payments to you

$33,250

 

 

 

 

 

 

For new clients the process (up to the point of Fifo Capital paying you the initial payment) usually takes 24 hours.  For existing clients, it takes a couple of hours.