Debtor finance (otherwise known as debtor factoring or invoice discounting) is one of the world's oldest forms of finance.  It is simply the sale of accounts receivable (invoices) at a discount in return for immediate payment.

It involves turning your unpaid invoices into cash; you literally sell us your invoices.  It is so popular, that many trading banks have their own invoice discounting division focusing on high value customers.

A common way to think of invoice discounting is instead of offering your customer a discount for early payment, and thereby sending a wrong message to the customer and permanently discounting your sale price, you offer the discount to us.  And, you only use our services when you choose too.

Simply put, we pay you an immediate cash payment (usually up to 90%) for the invoice we have purchased from you, and then pay the balance to you minus our fee when the debtor pays us. You can do this with one or more of your invoices. 

Fifo Capital's invoice financing has a number of benefits that other factoring services do not.

• No property security required
• No full-turnover agreement required
• No minimum term agreements
• Flexibility - use as and when needed
• No set up fees / exit penalties or termination notice requirements
• No debtor concentration issues
• Personal service dealing with principals only
• Present or planned borrowing arrangements not impacted
• Personal home not used as security

To get started now, click here to contact an office nearest you.

Our fees are based on a sliding scale that is disclosed to you upfront so there is no misunderstanding or surprises.  The fees range from 2.5% of the invoice value and increase depending on how long it takes to collect the payment from the debtor.

There are no documentation or administration fees.

See our frequently asked questions.