Cashflow Finance
Do you run a successful business that is experiencing rapid growth and sometimes find it difficult to access the cash you need to fund your expansion? If you sell goods or services on credit terms then Bank of Queensland Cashflow finance could be the answer for your business.
Cashflow finance is a working capital facility directly linked to the value of your unpaid receivables. By providing you with access of up to 80% of your approved invoices, it will speed up your cashflow during times of rapid growth, business acquisitions or seasonal sales cycles to help your business reach its full potential.
Features and benefits
| Accelerated cash flow | Instead of waiting anywhere from 30 to 90 days for your debtors to pay, get access to your unpaid invoices within 24 hours |
| Higher level of funding compared to traditional cashflow products | Access up to 80% of the invoiced value, with the remaining balance available upon payment of the full invoice amount by your debtor |
| Funding directly linked to sales | Unlike traditional finance products such as a Business Overdraft where funding is set at a fixed limit, Cashflow Finance is directly linked to your accounts receivables so funding levels can grow with your business |
| Stay focused on running your business | Stop chasing debtors for payment and start concentrating on running your business |
| Strengthen your purchasing power | Maximise your profits by removing discounts or incentives for speedy payments, or negotiate more favourable terms with your suppliers |
| Property not required as security | Allows you to utilise your assets for other investment purposes |
More information on how Cashflow finance can work for you:
Cashflow finance brochure
Interest rates
The Cashflow finance base rate is available on the Today's rates page.
Fees and charges
Application fee may apply.
A service charge is applicable.
Fees and charges are payable on lending products. Normal credit assessment criteria apply. Full terms and conditions are available at any branch of Bank of Queensland.
Drop into one of our convenient locations or contact the Cashflow Finance Operations Centre on 1800 174 911.
Important information
Please view the terms and conditions listed below on the Terms and Conditions page:
- Business Lending Supplementary Terms and Conditions
- Business Banking Guide to Fees and Charges
Information current as at 28th November 2008.
Products issued by Bank of Queensland Limited ABN 32 009 656 740 AFSL 244616. Fees and charges are payable. Normal credit assessment criteria apply. Full terms and conditions are available at any Bank of Queensland branch. This website contains general advice. This advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of any advice before acting on it. You should obtain and consider the terms and conditions, Financial Services Guide and Guide to Fees and Charges for the product before making any decision about whether to acquire or continue to hold it. You can obtain a copy of those documents from any Bank of Queensland branch or from this website.