Invoice finance allows you to manage cash flow by borrowing against specific accounts receivable. Your customers repay the borrowing according to agreed payment schedules. You repay Flip by direct debit on a prescheduled date.

Flip’s innovative invoice finance solution allows you to access up to 100% of the money you’re owed in unpaid invoices connecting seamlessly with your sales/CRM software. You decide on each invoice whether you need to access cash flow and get paid now by us, or later when your invoice is due.

This arrangement bridges the gap between the fulfillment of a sale and receiving payment.

It can be great fit for companies that are required to offer long payment terms to customers. It is suitable for your established customer relationships that have good standing with you.

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 and previous financials
• identification of directors
• 6 months BAS and bank statements
• invoice supporting documents

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 and quick approvals.

Once approved, we can fund within 24 hours.

• An invoice must be to an established customer that has a history of meeting your payment terms
• Your customer is an Australian domestic company and business
• Your customer has traded for 6 months or more
• Your tax invoice includes the issue date and payment(s) due date(s)
• Reference to contract number or to purchase order
• Payment terms of between 15-90 days