Westpac Invoice Finance is an arrangement where Westpac purchases acceptable trade debts and provides funding of up to 80% of approved invoices. When the invoices are paid by your debtor, the remaining 20% is paid to you. The accounting functions are retained by you, so your debtors are unaware of our involvement.
If your business is in a rapid growth phase or experiences seasonal peaks, it can be difficult to access the funds you need to maximise opportunities. This is when invoice financing can really help, by freeing up valuable working capital faster and more easily.
It is directly linked to the strength of your credit sales. As your sales increase, so does the amount of credit you can access, helping you fuel further growth.
Find out about the features and benefits of Westpac Invoice Finance.
Read our customer testimonials about the new Westpac Invoice Finance online.
How does it work?
Find out more
For more information or to schedule an appointment, call our Invoice Finance team on 1300 368 330 or your Relationship Manager.