Skip to main content Skip to accessibility page Skip to search input

If your client is a successful wholesaler, manufacturer or service based business who sells on credit terms, BankSA Invoice Discounting and Invoice Discounting Plus can provide the liquidity your client needs to manage through working capital cycles and facilitate the growth of their business.

Invoice Discounting

The Invoice Discounting facility will accelerate business cash flow by converting up to 85% of outstanding invoices into working capital within 24 hours instead of waiting 30, 60 or 90 days for debtors to pay.

Invoice Discounting Plus

The Invoice Discounting Plus facility will advance up to 85% of outstanding invoices as well as up to 60% against stock.

Benefits

Easy & simple

Convert approved invoices and stock into cash within 24 hours.2 Our easy to use online system means your client has 24 hours a day, 7 days a week access to their account via our real time web interface.

Flexible finance

Your client’s access to working capital increases as business sales grow. A facility that grows to support business growth.1

Efficient use of finance

BankSA Invoice Discounting and Invoice Discounting Plus can assist your client in negotiating supplier payment discounts and negating the need to offer discounts for early debtor repayments, which may offset the cost of the facility.

Dedicated customer support team

Along with our dedicated operations team, your client has access to the nationwide network of BankSA branches and experts who will work with your client and provide a full service banking solution specific to their needs.

Unlock equity

BankSA Invoice Discounting and Invoice Discounting Plus unlocks the equity in your client’s balance sheet by converting Trade Receivables and Stock into cash as and when needed to assist in managing working capital, taking advantage of business opportunities and facilitating business growth. Your client’s invoices and stock act as security for the bank. No real estate security necessary – although conditions and lending criteria applies.

Important information

1. Up to the approved limit.

2. Excluding weekends, public or bank holidays.

Finance offered by BankSA – A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. Eligibility criteria applies. Credit criteria, fees, charges, terms and conditions apply and are available on request. Please speak to your business finance specialist to find out more.

The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it's right for you.

Before making a decision, it's best to read the terms and conditions which are available on application. The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it's right for you.