One-off Single Invoice Factoring for Business
Turn Unpaid Invoices into Immediate Cash Flow
Many businesses choose to use commercial bridge loans to obtain the extra financing they need to help them when cash flow is tight or to expand the operational side of their business. Read More
Looking for A Commercial Bridging Loan?
Are you considering applying for a commercial bridging loan to secure an injection of funds into your business?
For many businesses, this type of financing has proved to be exactly what they have needed. However, this may not necessarily be the best solution for you.
What is a Commercial Bridging Loan?
In the past, traditional commercial bridging loans have proved popular for the following reasons:
Commercial Bridging Loans are faster than other loans
If you require money quickly, for whatever reason, this type of loan can prove useful. Commercial bridge loans are designed for those who need to pump up their finances as soon as possible; most commonly for those who are interested in purchasing a particular building or piece of land at auction. An application can usually be completed in an average of a week, with some taking as little as three days to work through.
Bridging Loans are flexible
While one of the most common reasons behind this type of loan is an auction payment, that isn’t the only situation where they can prove useful. These loans can be used for a variety of reasons, which is what makes them so desirable and popular with businesses who are looking for quick ways to boost their finances.
They’re decided on the value of the property.
Whilst many loan applications are accepted or rejected based on the likelihood of the applicant being able to meet their payments, commercial bridging loans are different in that they are based on the value of the property.
However, other forms of funding can prove to be just as flexible, convenient and even faster as a bridging loan and at Fifo Capital, we can introduce you to a range of alternative financing options to help your business to move forward.
Using a Cash Bridge Loan to Free Your Finances
Even when business is good, cash flow can often be very far from a smooth process. When you have a diverse portfolio of investments or a number of properties that are tying up some of your money, for example, continuing to trade, invoice or pay can sometimes be more a question of timing rather than capital. This is where cash bridge loans can come in and take some of the pressure off.
Fifo Capital: A Different Approach
We differ from traditional commercial bridge loan lenders in that we have optimised the process to speed everything up for you. Instead of giving you the money and expecting you to arrange payment via the client, we ask you to send the invoice straight to us.
The best bridging loans in Australia are focused on timing. There is little point in asking for a bridging loan if it is going to take weeks to free up the funds. In less than one business day, you can have the money you require to keep your business flowing with a loan from Fifo Capital.
The purpose of bridging finance is to remove the obstacles that can make business stressful and hard work. At its core, a company that offers these loans must value business support above everything else. They should have some understanding of how your business functions and seek to put processes in place that will make everything easier and more efficient for you.
What Makes a Good Bridging Loan Lender?
A good lender will also resist the urge to be inflexible. Every industry and every business have times of fluctuation and change, meaning that you can end up with more invoices in one month than another. Loans providers need to have facilities that can accommodate these changing circumstances, with the potential to cope with multiple invoices at a time.
Furthermore, the process should be as hassle-free as possible. Whether it is a one-time loan that you might need during your development stage or something you will likely need on a regular basis, lenders need to have a streamlined, easy to understand, and confidence-inspiring on-board process. Business can be frustrating enough without filling in hundreds of forms for something that is essentially quite simple.
Large Bridging Loans
When you apply for large bridging loans, whatever the reason may be, you should expect to be asked a few important questions about your business. Naturally, as responsible lenders, our aim is to ensure that you are getting the best out of our service and aren’t moving in a direction that you cannot afford. We are dedicated to understanding and frank, open discussion about finances with our clients. We want to know the business like you know the business, what your plans are, and that you are aware of the best and worst-case scenarios.
Why Choose Fifo Capital Commercial Bridging Loans?
Well, to put it simply, because we’re the experts! We pride ourselves on providing reliable, hassle-free solutions that are designed and tailored around what your business needs, whether that’s by freeing up working capital, bringing forward receivables or through a standard business loan.
Don’t limit yourself to applying for funding through commercial bridge loan lenders when we can offer you tailor-made financing solutions where you will not only receive the injection of funds that you need but a customer-focused and transparent service.
Whether you need to make an investment in your business with large capital purchases or need funds to kickstart or expand your operation by procuring more equipment, new premises or extra staff, we’re here to help. Fifo Capital Finance also offers the following financial products:
- Debtor Finance in Melbourne
- Capital Finance in Perth
- Short Term Commercial Loans
- Trade Finance
- Fast Business Loans
- Commercial Construction Loans
We have hundreds of satisfied clients across the country and we’re eager to use our expertise to assist with your future business plans. So, why not get in touch with us today to find out how we can help you and your business? We’re here to discuss your needs and show you workable alternatives to the traditional commercial bridging loan.
To find out more and get the process started, simply call us on 1300 852 556, or fill out an application on our website. Read Less
How it works
Fast Track your Business Cash Flow
Long customer payment terms, unexpected cash flow bumps or unforeseen business opportunities – just some of the times where invoice factoring makes good sense for business success. We make it simple, fast and flexible. Find out more and get in touch below.
- Use us for one invoice or many – you choose
- For invoice values from $5,000
- No real estate security required
- First time approval within 24-72 hours
- Ongoing transactions in as little as 4 hours
- Simple set-up and hassle-free paperwork
- No impact on your banking facilities
Why Fifo Capital for Business Success?
Innovative facilities and fast turnaround is only half the picture. To get the best outcome, work with the experts who specialise in solutions-based thinking for all types of business finance needs.
Fifo Capital facilities can be non-recourse product and typically we require little or no security from you or your business*.
For the best results, relationships count. We’ll support your business with a designated support person who understands your business.
As soon as your facility is up and running you can receive funding in as little as 4 hours. For new clients, we’ll have you set up in 24 – 72 hours.
Complementing Bank Finance
Our working capital and cash flow options are designed to work alongside other forms of finance you may have in place – for those times when traditional finance isn’t geared to meet your needs.