Service
Invoice and debtor finance, paid for the work you've already done.
Your customers take 30, 60, 90 days to pay. Your wages go out Friday. Invoice finance closes that gap by advancing cash against the invoices you have already issued, with funding that grows as your sales do.
- Founded by two former bankers
- Commercial and business finance specialists
- Perth based, working Australia wide
- MFAA member
The funding line that grows with your sales
Rockwall Finance arranges invoice and debtor finance for businesses across Perth and Australia. The product solves the oldest growth problem in business to business trade: the work is done, the invoice is issued, and the cash arrives one to three months later while wages, suppliers and the next job will not wait. Invoice finance advances most of each invoice's value upfront, commonly around 80 percent, with the balance less fees paid when your customer settles.
The structural feature that matters: the facility scales with your receivables. Win more work, issue more invoices, and the available funding rises with them. An overdraft limit does not do that, which is why fast growing businesses hit their overdraft ceiling at exactly the moment things are going well. For a business whose sales are growing faster than its cash, debtor finance is often the difference between taking the next contract and declining it.
Who it fits
- Businesses selling to other businesses on credit terms of 30 days or longer
- Labour hire, transport, wholesale, manufacturing and recruitment, where wages run ahead of payment
- Contractors carrying progress claims and retentions
- Fast growing businesses whose overdraft stopped keeping up with sales
- Businesses without property security, since the receivables book is the security
What it does not fit: consumer sales, cash on delivery trade, and invoices issued before the work is complete.
Factoring, discounting and who knows
The market uses three names for close cousins. Factoring means the financier advances against invoices and runs the collections, so your customers deal with them and know finance is in place. Invoice discounting means you keep your own credit control and the facility is usually confidential, which established businesses generally prefer. Debtor finance covers both. The right version depends on the strength of your back office and how you want your customer relationships handled, and the fee structures differ enough that the comparison is worth doing properly. Facilities can also be whole of book or selective, funding only the customers or invoices you choose.
Contractors: progress claims and retention
The hardest version of the payment gap belongs to contractors. Mobilise the crew, carry wages and fuel for six to eight weeks, then wait on a head contractor's payment cycle while retention holds back more. Invoice finance built for construction advances against progress claims, and it is a more specialised corner of the market: fewer lenders, more attention to contract terms, and structures that need to respect retention and variations. We arrange it as part of the whole job's funding alongside equipment and mobilisation money, the same approach we take on mining and civil equipment finance. For general timing gaps rather than receivables specifically, a business overdraft may be the simpler tool, and plenty of businesses run both.
Frequently asked questions
How does invoice finance work?
You issue invoices to your business customers as normal, and the financier advances you most of each invoice's value upfront, commonly around 80 percent, instead of you waiting 30 to 90 days for payment. When your customer pays, you receive the balance less the financier's fees. The facility revolves with your sales: more invoices means more available funding, which is the feature that separates it from a fixed overdraft limit. It only works on business to business invoices for completed work or delivered goods.
What is the difference between invoice finance, debtor finance and factoring?
They are versions of the same idea, funding against unpaid invoices, differing mainly in who collects and who knows. Under factoring the financier manages collections and your customers deal with them directly, so the arrangement is disclosed. Under invoice discounting you keep running your own collections and the facility is typically confidential, which most established businesses prefer. Debtor finance is the umbrella term covering both. Confidential discounting generally suits businesses with their own credit control; factoring can suit smaller operations happy to outsource collections.
What does invoice finance cost?
Typically two components: a service or administration fee on invoice value, and interest on the funds actually drawn, broadly comparable to overdraft style pricing. The all in cost varies with your turnover, your customers' creditworthiness and payment behaviour, and whether the facility is whole of book or selective. It is dearer than a secured overdraft and usually cheaper than unsecured cash flow lending, and the fair comparison includes what slow payment is already costing you in stalled growth and stress. We price it against the alternatives on your actual numbers.
Is invoice finance suitable for contractors with progress claims?
Often, yes, and it is one of the strongest uses. Contractors carry wages, fuel and subcontractors for weeks before progress claims are paid, and invoice finance advances cash against those claims so growth stops being a cash flow squeeze. Construction and progress claim funding is more specialised than vanilla invoice finance, fewer lenders do it and contract terms like retention matter, so the lender match is critical. We arrange it alongside equipment and mobilisation funding so the whole job is funded, not just the machine.
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Want to talk it through?
Book a meeting or make an enquiry. We'll tell you whether it's fundable, how we'd structure it, and which lender we'd take it to. No obligation.