Compass Lending

Seven reasons Why You Should Come To Us

1. We understand that you need the Funds FAST and we can respond to your needs quickly.

2. You don't have to spend hours filling out all those dreadful forms.

3. Finance is Available to approved customers to enable you to spread the cost and keep your cash intact.

4. We take the time to fully understand your current situation and your needs

5. You will be treated like a real person and always deal with the same person each time so that you don't have to explain things over and over again.

6. We are flexible and don't “close the doors” at 4pm each day.

7. You will get an honest answer whether we can help you or not quickly. You won't get the run around!

Compass Lending offers you debt factoring.

What exactly are we offering you?

	Debt Factoring This method of business finance is also known as invoice discounting. Debt Factoring is an excellent form of financing for small business to immediately improve your cash flow by getting your invoices paid as soon as you write them. How does it work? Let's say you have just invoiced a client for a $2,000 job. After the invoice amount is approved by your client as payable by them (and not in dispute), you then present your invoice to Fast Cash Loans Pty Ltd for payment. We will then pay you 80% of the invoice amount. When the invoice is paid to us by your client, we will then give you the balance of the invoice amount less our fees and charges. Fees & charges The interest rate charged will depend on the security provided and the quality of your client base. So please give us a call or email us to discuss the rates. The rate is based on a minimum of 30 days. After that period, interest is charged on a daily rate, so it is important that you make sure your invoice payments are followed up regularly. You will be charged an application fee of 5% of your projected amount of invoices that you would like to factor. .

	How do I apply ? 1. Call us for an initial loan appraisal which can usually be given over the phone. 2. Download the application form below. Complete the form and return to us. 3. If approved, we will send you a Pre-Contractual Statement with all the details of the loan offer. 4. If you wish to proceed, we will draw the loan contact documents for you to sign and your loan can be advanced. This process should generally only take 48 hours.

	Your Short Term Lender Priscilla Choi.

Download our Application Forms