Invoice Discounting Plus
Imagine introducing Stock and Plant & Equipment to your Cashflow Finance mix.
That’s the power of Invoice Discounting Plus.
It is designed for well established companies who sell to other businesses on credit terms, and hold significant levels of Stock and/or Plant & Equipment on their balance sheets.
Invoice Discounting Plus provides all the benefits of Invoice Discounting, but adds the capacity to maximise borrowings by providing advances against approved Stock and Plant & Equipment.
- Access up to 85% of the value of approved debtors
- Access up to 60% of the value of approved Stock
- Access up to 20% of the value of approved Plant & Equipment
It is suitable for a large number of industries and businesses with borrowing requirements of around $1M and upwards.
Invoice Discounting and Invoice Discounting Plus Facilities are provided by Bank of Melbourne – A Division of Westpac Banking Corporation | ABN 33 007 457 141 AFSL 233714 Australian Credit Licence 233714.