Compare Invoice Finance from 50+ Australian Lenders
Unlock cash tied up in unpaid invoices. Access funds fast with flexible factoring or discounting options tailored to your business.
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Invoice Finance Made Simple
Free up working capital by turning unpaid invoices into cash. Ideal for Australian SMEs managing long payment cycles or seasonal fluctuations.
Advance up to 90%
Access up to 80ā90% of invoice value upfront
Fast Cash Flow
Funds released within 24ā48 hours of invoice verification
Flexible Facility
Choose between factoring or discounting
B2B Friendly
Best for businesses trading on credit terms
Tailored Pricing
Rates vary based on customer creditworthiness
Growth Ready
Funding grows as your sales ledger grows
How it works
We connect you with invoice finance providers across Australia so you can unlock working capital quickly and flexibly.
Apply online
Submit a simple application with details of your outstanding invoices and trading history.
Get matched
Our Lender Match technology connects you with invoice finance options including factoring and discounting.
Choose your facility
Select the provider and structure that suits your cash flow needs.
Access your funds
Receive up to 90% of your invoice value within 24ā48 hours, with balance paid on settlement.
Backed by over 50+ lenders
Giving you the best chance of being approved.
A quick guide to invoice finance
Invoice financeāsometimes called accounts receivable financeālets businesses unlock capital tied up in unpaid invoices. Instead of waiting 30, 60 or 90 days for customers to pay, you can receive up to 90% of invoice value upfront.
There are two main types: factoring, where the financier manages collections, and discounting, where you stay in control of your ledger. Either way, once your customer pays, the balance (minus fees) is released.
This solution is particularly valuable for Australian SMEs in industries like wholesale, recruitment, transport and manufacturing, where customer payment terms are often lengthy. It improves liquidity, reduces cash flow stress, and helps fund ongoing operations or growth opportunities without adding extra debt to the balance sheet.
Want to skip ahead?
This guide is broken down into the following sections. Click a link if you want to skip ahead.
Types of invoice finance
Invoice finance comes in two main forms, each suited to different business needs:
Invoice Factoring
Sell your outstanding invoices to a factoring company for immediate cash flow. The factor collects payment directly from your customers, providing instant working capital.
Pros
- Immediate cash flow from outstanding invoices
- No debt added to balance sheet
- Factor handles debt collection process
- Can improve cash flow management
Cons
- Customers deal directly with the factor
- Higher cost than traditional financing
- Loss of control over customer relationships
- May affect customer perception of business stability
Best For
Businesses with strong customer base but cash flow challenges, companies with long payment terms, or those needing immediate working capital without taking on debt.
Invoice Discounting
Confidential financing where you retain control of sales ledger and customer relationships while accessing cash against outstanding invoices. Your customers remain unaware of the arrangement.
Pros
- Maintain customer relationships and control
- Confidential arrangement with customers
- Flexible funding based on invoice values
- Retain control of debt collection process
Cons
- Responsibility for bad debts remains with you
- Requires strong credit control systems
- Higher administrative burden
- Personal guarantees typically required
Best For
Established businesses with good credit control systems that want to maintain customer relationships while accessing working capital against their invoice book.
What can I use invoice finance for?
Invoice finance gives you the flexibility to reinvest cash flow where it matters most:
Boosting Cash Flow
Cover wages, rent and supplier invoices without waiting for customers to pay.
Expanding Operations
Fund growth projects like opening new sites or entering new markets.
Purchasing Inventory
Secure bulk stock, seasonal orders, or supplier discounts upfront.
Paying Suppliers
Strengthen relationships by paying suppliers on timeāor even early.
Investing in Equipment
Upgrade machinery or technology without draining reserves.
Managing Seasonal Fluctuations
Balance out low-sales months with steady access to cash flow.
Hiring Staff
Add new employees or fund temporary staff for busy periods.
Marketing & Advertising
Invest in campaigns to drive growth without waiting on invoices.
Unexpected Expenses
Handle urgent repairs or costs with confidence and liquidity.
Debt Consolidation
Use invoice finance to simplify debts into one manageable facility.
Case Study
Liam Roberts, Roberts Wholesale Supplies
Keeping Cash Flow Steady with Invoice Finance
Industry: Wholesale
Challenge: Long 60-day payment terms causing strain on working capital.
Solution: Invoice discounting facility advancing 85% of invoice value within 24 hours.
Liam runs a wholesale distribution business supplying independent retailers. With customers on 60-day payment terms, he often struggled to pay suppliers and staff while waiting for invoices to clear. By using invoice discounting, he accessed 85% of invoice value upfront and maintained control of his ledger. This provided reliable cash flow to pay suppliers promptly, take advantage of early-payment discounts, and fund new stock orders without stress.
How much can I borrow with invoice finance?
In Australia, lenders typically advance 80ā90% of your verified invoice value upfront. If you have $100,000 in unpaid invoices, you could receive $80,000 to $90,000 immediately, with the balance (less fees) paid when your customer settles.
Your borrowing capacity grows with your sales ledger. The stronger and more reliable your customer base, the more funding you can unlock.
Invoice Finance Calculator
Estimate how much working capital you can unlock from unpaid invoices.
Balance over time
Am I eligible for invoice finance?
Eligibility depends more on your customersā creditworthiness than your own, since they are the ones paying the invoices. Strong debtor reliability improves approval odds and advance rates.
You may be eligible if you are:
An Australian business with B2B invoices
Over 18 years old
Trading for at least 6 months
Minimum monthly turnover of $10,000
Invoices issued on standard credit terms (30ā90 days)
How to apply for invoice finance?
Apply online and share details of your sales ledger and outstanding invoices. Weāll match you with multiple providers so you can compare facilities, pricing and advance rates. Once approved, funds can be released within 24ā48 hours.
Documents you may need:
ABN and GST registration details
Photo ID (passport or driverās licence)
Outstanding invoices to creditworthy customers
Recent business bank statements
How to save money with invoice finance
The key to saving money is comparing advance rates and fees across lenders. Some providers charge only a service fee, while others add interest on outstanding balances. Understanding these structures is essential.
You can also save by using selective invoice finance, where you only fund specific invoices instead of your entire ledger. This reduces costs while still improving liquidity when you need it most.
Finally, negotiating early payment discounts with suppliersāfunded through invoice financeācan offset facility fees, turning the service into a net positive for your business.
Understanding invoice finance options
Invoice finance can be structured in several ways depending on how much control you want over collections, who carries the risk of non-payment, and how flexible you need the facility to be:
Factoring vs Discounting
In invoice factoring, the financier manages collections directly from your customers. In invoice discounting, you retain control of your sales ledger and handle collections yourself. The right option depends on whether you prefer outsourced collections or keeping customer relationships in-house.
Recourse vs Non-Recourse
Recourse agreements make your business responsible if a customer doesnāt pay, while non-recourse transfers that risk to the financier. Non-recourse provides more protection but usually costs more, whereas recourse can be more affordable if your debtors have strong payment histories.
Selective vs Whole Ledger
Some lenders allow you to choose specific invoices to finance (selective), while others require financing your entire debtor book (whole ledger). Selective options offer flexibility for short-term cash gaps, while whole ledger agreements often provide better rates and higher limits.
Fixed Fees vs Percentage of Invoices
Repayment costs can be structured as a flat fee per invoice or a percentage of the invoice value. The right structure depends on your average invoice size, frequency, and whether you need predictable costs or variable pricing.
Testimonials
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Robyn has been brilliant to work with. Made everything easy from the start and explained the details of the loan in depth before submitting the application. Called Robyn Monday morning to discuss possible loan for car and drove my new car home Thursday afternoon with a finance rate better than what the car dealer was offering. Would highly recommend Robyn and emu money for future loans
Patrick B.
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What a great bloke to deal with... Thank you Brad for all your help and making our dream a reality. We will be contacting you again shortly.
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We recently purchased a vehicle. Peter was very helpful, with clear instructions and real outcomes. Within 48 hrs the deal was done, only 3-5 emails, a couple of phone calls. That was a super efficient experience. We would go back!
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I applied for a car loan with the help of Emu Money a week ago, and the process was very fast and easy. There was no stress at all, as everything was taken care of by Krish, who managed my application from start to finish. He was very easy to communicate with and clearly explained the entire process and what was required from me. He was also quick to provide updates throughout. I would definitely recommend Emu Money to anyone looking for a smooth and hassle-free loan experience.. Thank you Krish.
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I had such a great experience with Evette when sorting out my car loan. She made the whole process really easy and stress-free, was always quick to answer any questions, and genuinely cared about getting me the best outcome. Super friendly and professional. I'd happily recommend Evette to anyone looking for a car loan!
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Frequently Asked Questions
Invoice Finance FAQs
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