Invoice Finance
We're trusted asset finance brokers, helping ABN holders, businesses and owner-operators secure finance with fast approvals up to $500,000. Rather than relying on a single bank or dealership, we compare major banks and non-bank lenders, negotiating low interest rates, fees and repayments. From application to settlement, we manage the entire process for a hassle-free experience.
Free No-Obligation Quote
Compare options with 80+ lenders. No credit impact.
Unlock Cash Flow From Your Unpaid Invoices
Waiting 30, 60 or 90 days for customers to pay can put unnecessary pressure on your business. Invoice finance, also known as debtor finance or receivables finance, allows you to unlock the value of your outstanding invoices so you can access working capital sooner.
Instead of waiting for customer payments, you can use the funds tied up in your accounts receivable to pay suppliers, cover wages, purchase stock, and invest in business growth—all while maintaining healthy cash flow.
What Invoice Finance Can Be Used For
- Improve business cash flow
- Increase working capital
- Pay suppliers on time
- Cover wages and payroll
- Purchase stock and inventory
- Fund business growth
- Manage seasonal cash flow
- Bridge payment gaps
- Take on larger customer orders
- Reduce reliance on overdrafts
Is Invoice Finance Right for Your Business?
Invoice finance is ideal for businesses that:
- Have an ABN or ACN
- Invoice other Australian businesses (B2B)
- Offer payment terms of 30, 60 or 90 days
- Issue invoices after providing goods or services
- Need ongoing working capital to support growth
Benefits of Invoice Finance
A selection of options available for this type of finance.
Our Simple Process
Follow these steps to get your application underway.
- 01
Tell Us What You Need
Tell us about your business, the invoices you're waiting on, and your cash flow situation. We'll assess your needs and identify the right invoice finance solution.
- 02
We Match You With The Right Lender
We search across our panel of 80+ lenders to find invoice finance facilities that suit your industry, debtor profile, and funding requirements.
- 03
Approval & Setup
Once approved, we manage the setup process with the lender, including onboarding your debtor ledger and getting your facility established quickly.
- 04
Ongoing Access & Support
Draw down against your invoices as needed. We remain your point of contact for any queries, facility reviews, or future finance needs.
Industries
How Every Industry Unlocks Cash Flow with Invoice Finance.
Reviews
What Our Clients Say
★★★★★ 5.0 / 5 based on our Google reviews
FAQ
Invoice Finance — Frequently Asked Questions
Common questions about invoice finance — answered.
What is invoice finance?
Invoice finance — also called debtor finance — lets you unlock cash tied up in unpaid invoices instead of waiting 30–90 days for customers to pay. A lender advances you up to 80–90% of an invoice's value straight away, then releases the balance (less a small fee) once your customer pays.
How does invoice finance work?
You raise an invoice to your customer as normal and submit it to the lender, who advances up to 80–90% of its value — often within 24 hours. When your customer pays, the lender releases the remaining balance minus their fee. You can fund a single invoice or your whole debtor ledger.
How much of my invoice can I access?
Most facilities advance 80–90% of the invoice value upfront, with the remainder (minus fees) paid once your customer settles. The exact percentage depends on your industry, your customers and your invoicing history.
How much does invoice finance cost?
Costs generally include a discount or service fee of around 1.5%–4.5% of the invoice value, plus interest charged only on the funds you actually draw. Pricing varies by lender, turnover and debtor quality — we compare a wide panel of lenders to find the most competitive structure for you.
Am I eligible for invoice finance?
Invoice finance suits businesses that invoice other businesses (B2B) on credit terms. Lenders typically look for a reasonable monthly invoicing volume and creditworthy customers rather than property or assets. Even newer businesses can qualify — approval is based on your debtor ledger.
How quickly can I access the funds?
Once your facility is set up, funds are usually available within 24–48 hours of submitting an invoice — and same-day with many fintech lenders. Setting up the facility itself typically takes a few business days.
Do I need property or assets as security?
No. Invoice finance is secured against your unpaid invoices, not your property or equipment. It's a flexible way to access working capital without tying up your other assets or affecting your existing bank facilities.
Is a deposit required?
No deposit is required for eligible ABN holders with a strong credit and trading profile. A deposit can help improve your rate or secure approval if your credit profile is less straightforward.
Can I finance a used asset?
Yes. Finance is available for new and used assets. Age limits vary by lender and asset type. We identify the right lender for your specific asset.
How quickly can I get approved?
Most applications receive a decision within 24–48 hours. Once approved, your pre-approval is valid for 90 days.
Can I get low doc finance?
Yes. Low doc (no financial statements) finance is available up to $500,000 for eligible ABN holders. We typically need your ABN, driver's licence and bank statements.
Can I finance from a private seller?
Yes. We arrange finance for assets purchased from private sellers anywhere in Australia. The lender pays the seller directly on settlement.
Can I finance with bad credit?
Yes. Specialist lenders on our panel consider applicants with a range of credit profiles, including those who have been declined by banks.
What is the typical loan term?
Loan terms typically range from 2 to 7 years depending on the asset type, value and your cash flow requirements.
Can I refinance existing finance?
Yes. Refinancing can reduce your rate, lower repayments or release equity. We compare refinance options across 80+ lenders.
Are repayments tax-deductible?
Interest repayments under a chattel mortgage are tax-deductible. You can also claim depreciation on the asset and GST upfront. Speak with your accountant about your specific situation.
Is insurance required?
Yes. Most lenders require comprehensive insurance before settlement. We can assist with arranging cover.
Can I use a balloon payment?
Yes. A balloon payment reduces monthly repayments by deferring a lump sum to the end of the term. We size it to match the asset's expected resale value.
Does applying affect my credit score?
No. Submitting an enquiry with us doesn't affect your credit score. We only proceed to a formal credit application with your explicit approval.
What is the minimum loan amount?
Most lenders have a minimum of $10,000–$20,000 for asset finance. We'll confirm the minimum for your specific asset type.
Lending Panel
Access to 80+ Lenders In One Place
Overdrive Commercial Funding is directly accredited with all major banks, commercial non-bank, specialist and private lenders.
