Cashflow to launch in Australia
A quick update to announce that Cashflow Acceleration are shortly due to launch their free, independent invoice finance (factoring and invoice discounting) quotation serarch service in Australia. Details of the Australian site will follow shortly . . .
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November 5th, 2008 at 9:46 am
This is a bold move by Cashflow but one which i feel will reap huge rewards. The costing of deals out in Oz is quite literally double that of the Uk in certain cases.
There are no specialist factoring brokers with most simply offering mortgages and loans. With teh market being squeezed in this sector however more and more brokers are seeking alterntaive finance options. Your move i feel is perfect to beat the rush especially at a time when 70% of the factoring market (circa 5000 clients) is placed with Scottish Pacific who 50% shareholder- Allco today appointed administrators fuelling fears of a fire sale to Coface.