FAQ
Invoice discounting is a solution where a finance company (In this case Avila Financial Solutions), lends you cash based on your future receivables. I.E. Take for example if you have your own company, and sale AUD 50,000 of products a week. Normally it would take you 30-60 days to recover that money. By doing Invoice Financing you are able to get up to 85% of that 50,000 on day two of invoicing, hence enabling you to grow effectively.
Supplier financing allows you to grant Avila the permission to pay invoices you have received on your behalf. Simply speaking Avila pays your suppliers in your behalf at invoice date instead of late payments, this allows you to purchase more stock, release pressure from payables and also improve your relationship with your suppliers.
Factoring is very similar to invoice financing, but instead of financing your receivables Avila actually purchases the invoice at a discounted price. This allows you to transfer the risk and work to Avila. This is a great solution when you are working with receivables you want to clear from your balance sheet.
1. Send AFS the invoices that you would like us to Finance (either receivables or payables, depending on the solution).
2. AFS will do a Due Diligence process on them and come back to you with the approved amount of funding.
3. You approve.
- Invoice Financing: We will send you 85% of the funds in 48hrs.
- Supplier Financing: We will pay your supplier on your behalf.
4. At due date we collect the money from your bank account and reimburse any retained amount.
5. At the same due date we charge you our discount rate for financing.
At AFS we see lending in a different way, it is not about just lending money but adding value to your business. Some of the key benefits are:
- Tailored Solutions (Solutions meeting your needs)
- Private and confidential
- No hidden charges
- Simple and effective processes
- Affordable and business oriented.
When we talk about adding value to your business we also mean that our products are solutions that inherently increase your company's ability to do business. I.E Managing your extended credit terms easily, improve relationships with your stakeholders, Fix short term cash needs without having to raise banking awareness.
At AFS we see lending in a different way, it is not about just lending money but adding value to your business. Some of the key benefits are:
- Tailored Solutions (Solutions meeting your needs)
- Private and confidential
- No hidden charges
- Simple and effective processes
- Affordable and business oriented.
When we talk about adding value to your business we also mean that our products are solutions that inherently increase your company's ability to do business. I.E Managing your extended credit terms easily, improve relationships with your stakeholders, Fix short term cash needs without having to raise banking awareness.
Our rates depend on the product and risk of the invoices/businesses we are going to financing, but as a high level our rates are from 2-4% per invoice. The timeframe to put a facility together with Avila Financial Solutions is anything between 3-5 weeks.
We provide a number of commercial consulting programs raging from snapshot analysis of a company to comprehensive and high pressure programs. We focus on how you operations affect your finances rather than focusing on the numbers alone.