About Us
Who We Are
At Working Capital Finance we focus 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 access money tied up in insurance invoices. Our team are the most experienced and professional in Australia. We’ll pay you the money you need within hours.
Our Services
What We Do
We provide 2 services to Smash Repairers in Australia – Invoice Factoring (for after you complete a smash repair) and Supplier Invoice Financing (payments to your business suppliers before you complete a smash repair).
Invoice Factoring
After you complete your smash repair, we’ll buy your invoice so you can get cash immediately, minus a 2% fee. This means you can reinvest this money into your business sooner for supplies you need, and not worry about chasing an insurance company!
Pre Repair Finance or Invoice Financing
Before you start your smash repair and once your quote is approved by an insurer, we’ll pay amounts you owe your suppliers (but not wages/rent). The cost of this is 3.0% of the amount we pay the suppliers.
Once you’ve finished the repairs, you must then factor that repair invoice with us and from the cash we’ll pay you, we’ll take out the amount we paid your suppliers, and deduct our 2% factoring fee. Then you’ll receive the rest by EFT that same day.
Why Choose Us
Experienced Team
17 Years Experience
Easy Process
We’re Trusted Australia Wide
Both the Motor Traders Association of New South Wales and the MTA of South Australia were foundation shareholders of Working Capital Finance when it started in 2005.
No other factoring company has this advantage and history. We do business with all smash repairers across Australia and MTA involvement is your guarantee of good service.
Testimonials
Happy Clients
We’ve been a long client of WCF for years, and it’s always a pleasure dealing with them. Cannot recommend them enough!
Thank you guys so much! I just don’t have the time to deal with insurance companies, so not having that headache to deal with is a great feeling.
Thank you WCF for getting us paid so quickly, having to chase insurance companies is an absolute nightmare.