Every business needs to manage it’s cashflow tightly
Whether it’s normal bills, salaries, supplier invoices or other larger purchases – most businesses will experience periods where “cash out” is greater than “cash in” and some sort of credit/finance solution is used.
EstImage Pay turns your unpaid invoices into immediate cash, keeping your cashflow funding closely aligned to your future income, for low manageable fees.
The facility operates separately to any existing business loan or overdraft facility you may have in place and is optional to request on all or selected individual invoices – it’s entirely in your control.
Example
Bob runs Awesome Smash Repairs Pty Ltd, and uses EstImagePay to better manage his cashflow.
No EstImagePayBob does a job for Great Insurer Pty Ltd and sends his invoice for $5,000.
Bob knows Great Insurer typically pay on 28 day terms, and waits for that payment. Other expenses he needs to cover between now and then are either paid via his business credit card, or overdraft, or otherwise paid late – all incurring further costs.
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With EstImagePayBob does a job for Great Insurer Pty Ltd and sends his invoice for $5,000.
Bob needs the cash today but knows Great Insurer typically pay on 28 day terms, so he requests EstImagePay on the invoice, and receives $4,912.50 today.
With that cash, he is able to pay other supplier invoices on time (receiving a discount for doing so) and keep his credit card up to date (avoiding increasing interest payments). Bob’s credit/finance facility via EstImage Pay is linked to his invoices, so he knows he won’t borrow more than his business can afford.
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