You provide the goods or services to your customer.
You issue an invoice to the customer.
You sell Interface this invoice.
Interface pay you 90% of its value.
Your customer pay Interface on the invoice on its due date – but you stay in control of the debtor communication.
The cost of this service is from 4% of the invoice value. There are no establishment fees. The entire process can take as little as 48 hours the first time. Repeat transactions can be completed on a same day basis.
Interface can assist any business in any industry that provides goods or services on credit terms – if you need working capital we can help you. Here are some actual examples of clients Interface has been able to assist by turning unpaid customer invoices into instant cash for their business.
We provide IT services to a large corporate client, which pays their invoices on a 60-day cycle. That’s a bit of a challenge for us because we have bills to pay on the 20th of each month.
I needed to work on the fluidity of the budget because I wanted to concentrate on the work instead of worrying about the money. I wanted to be able to take care of the work that needs to be done, with the peace of mind that I have a cash flow buffer in the background.
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Interface's Invoice Discounting facility provides a quick means for a business to convert outstanding invoices to immediate cash. Highlights of our facility include: - Fast, we can undertake an initial funding within 48 hours of the first client contact. - Flexible facility, transaction based with no volume commitments. - No application, up-front or due diligence fees. - No monthly administration fees. - No termination fees in the event new funding becomes available.
People could be forgiven for dismissing this Cyber Smart Week as yet another 'awareness' week, but – as demonstrated by the recent spate of cyberattacks targeting mobile phones using iconic New Zealand company names – ignoring it may be costly.
Instant Cash for Your Business
Interface is NZ's leading alternative finance source for small and medium sized business. We have over 15 years' experience in NZ with our specialist invoice discounting (spot factoring) service and can turn your debtor invoices into immediate cash to pay your creditors on time. Why wait for your debtors to pay you in 30 to 45 days when you can have cash today?