Easy Switch - $0 Estab Fee Debtor Finance
Despite not being 100% satisfied with their debtor funder, many businesses are deterred from switching to an alternate debtor funder due to the associated costs. Making the switch, however, can be pivotal to the business’ success.
That is why we’ve introduced “Easy Switch”, a promotion to remove some of the barriers that make switching difficult, to give businesses a genuine alternative - it’s about choice!
The Establishment Fee can now be waived for any client that switches to Classic from another debtor funder before 30 June 2016*.
Reasons For Switching
|Confidential facilities||no disclosure to debtors, business retains control over relationships|
|No month-end reconciliations||saving time & money|
|Ease of administration||less onerous verification and POD requirements, saving time & money|
|Unlimited free uploads||no restriction on number of uploads|
|Unlimited drawdowns||free overnight drawdowns, same day transfers only $25|
|True 90 day month end funding period||no early disapprovals|
|Daily release of retentions||customer payments are made available upon receipt|
|Competitive pricing||no hidden fees or charges|
|Funding flexibility||can be integrated with Classic’s Equipment Finance product|
Benefits For Referrers
|Build rapport with client by providing them with genuine alternatives|
|Earn upfront commission, plus trail|
|Settled transaction counts towards your Star Rewards achievement|
If you or your client could benefit from reviewing existing Debtor Finance facilities, please get in touch with the Business Solutions team on 1300 780 895.
*Documentation Fee (including Legal costs) of $1,500 still applies