Get instant access to funds seamlessly with one click
On demand invoice payments for when you need it most
Outsource your payment collection
Get quick access to funds from one or all of your invoices
Up front funding
We fund approved invoices upon authorised repairs helping you maintain a healthy and steady income stream.
Get paid early on your invoices
Use our 24/7 online portal or connect from your invoicing platform for a simple one click payment solution.
Simple and transparent pricing
Only pay for what you use, if you don’t need us, there are no costs. No lock in contracts or property security required.
Online experience
Use our online portal to create, track and view all invoices with real time status updates.
Less administration
Save time and money with an integrated online funding solution for pre-repair financing and invoice factoring.
Invest in your business
Use funds to invest back in your business, repay loans, to take advantage of seasonal opportunities.
Payment solutions to help businesses.
Instant funding for all authorised repairs.
What our customers have to say
How it works
We pay you as soon as you tell us which invoice you want funded.
1
Invoice as normal
From your software platform, send invoices or log into the Flip Money Merchant Portal.
2
Choose invoices
Choose which invoices you want paid early.
3
Instant payment
Get cash into your nominated bank account the same day.
4
Use funds
Use funds to pay for overheads, parts or invest back into your business.
Contact us and find out how we can help with integrations.
FAQs
Invoice factoring is type of financing where you “sell” some or all of your outstanding invoices to a third party as a way of improving your business cash flow stability. You will be paid most of the invoiced amount immediately, then we’ll collect payment directly from your customers.
To be eligible you need to typically meet the following criteria:
- You’re an Australian incorporated business (e.g. Pty Ltd)
- You have traded for more than 6 months
- You issue tax invoice for goods/services that had been delivered or fulfilled.
- You have > $100,000 in annual turnover
To get set-up with a limit, you may be asked to provide:
- current financial statements and/or BAS
- identification of directors and owners
- 6 months bank statements
A fully digital experience means that your invoice early access can happen once your approved, and we have set up your limit. We integrate with your software/invoicing platforms to access data sources for live credit decisioning. Once approved, we fund instantly.
Yes. Your credit limit is determined by your annual turnover, total value of your eligible outstanding invoices, as well as the level of funding required. We will be in touch to discuss during the assessment and approval stage.
- Improved and more predictable cash flow – you can have the bulk of your invoices paid almost immediately rather than having to wait for the money to come in.
- Better cash flow – Better cash flow gives your business a better chance of survival.
- Easier than a bank loan – Invoice factoring is usually easier to obtain, making it good for short-term funding needs.
Your balance is repaid as your nominated customers pay their invoices. We take care of collecting from your customers.
*Finance is provided by Flip Finance Pty Ltd (ACN 648 534 552), a wholly owned subsidiary of Flip Money Pty Ltd (ACN 640 607 932) trading as ‘FlipPay’. Eligibility and approval criteria, fees and charges and terms and conditions may apply to products and services.