Traditionally, debtor finance was regarded as a taboo subject. Business owners would keep the lid on such arrangements because of the perceived negative connotations it had. Slowly but surely however, non-traditional forms of finance are becoming not only widely accepted, but embraced by small and medium businesses who operate in industries where cash flow is an ongoing issue.

Reported in an article by BRW, figures released by the Debtor and Invoice Finance Association (DIFA) (which recently changed its name from The Institute for Factors and Discounters of Australia and New Zealand) show that debt factoring is “propping up the country’s SME sector”.

Read the full BRW article.

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