Factoring Delivers Your Money Faster
Factoring and invoice discounting are the processes of selling your invoices so you can access the money you are owed when you actually need it. Working Capital Finance is different to other invoice discounting companies because we work exclusively with smash repair businesses. It’s truly simple once you know the details.
The quote for smash repairs is accepted by the insurance company and you get to work on the damaged car.
Once the repair is complete, you finalise your invoice and sell the invoice to Working Capital Finance.
We pay the invoice immediately, minus a small processing fee, so you can buy parts and complete more jobs.
Working Capital Finance sends your insurance invoice to the Insurer and collects the money from them later.
Experienced Invoice Factoring Staff
Working Capital Finance focuses solely on factoring and invoice discounting for the smash repair industry across Australia. Since 2005, we’ve been helping panel beaters, mechanics, auto shops, crash repairers and panel & paint shops to access money tied up in insurance invoices. Our team are the most experienced and most professional invoice factoring brokers and advisors in Australia.
• Don’t get tied up in insurance problems
• Get money to your bank account within hours
• Competitive rates of 1.75% or a flat rate of $80*
*One or the other (not both) and whichever is higher