You could reduce your business borrowings, lift your borrowing power and increase your purchasing power, and usually within 24 hours of receipt of the invoice data.
That's the power of Invoice Discounting.
It is for businesses who wish to access the money tied up in their invoices, but who wish to collect their invoice payments and manage and maintain their own debtors ledger.
It is designed for well-established companies who sell to other businesses on credit terms and who have expertise in managing and maintaining their debtors ledger.
BankSA offers "Open Account", our secure internet site which gives you access to up to 85 per cent of your invoice value within 24 hours.
The service is not disclosed to your customers unless you choose. You do your own collections and send out your own monthly statements.
It is suitable for most industries.