AFinance
Fast access to the funds you need
Close cash flow gaps by accessing the funds tied up in your unpaid invoices. AFinance allows you to take on more contractors, hire staff, cover overheads and grow your business at the pace you want.
Close cash flow gaps by accessing the funds tied up in your unpaid invoices. AFinance allows you to take on more contractors, hire staff, cover overheads and grow your business at the pace you want.
Meet payroll on time, every time with AFinance. With an easy to use dashboard built to work with leading payroll software, it puts you in control of your finances and makes managing your cash flow easy.
Unlock the cash flow tied up in your invoices. Accelerate your growth by accessing 90% of the value of your invoices the same day they are raised.
Are you turning away business due to cashflow? Grow with the confidence that you have a finance partner who understands your business and goals.
We’ve helped hundreds of companies just like yours. We'll credit check your clients, review your terms and advise on your back office tech and processes.
The AFinance platform connects with leading accounting, payroll and workforce management software, reducing admin and allowing you to focus on running your business.
The AFinance platform has been designed to help workforce businesses get the funds they need, when they need them.
Manage your cash flow in a user friendly dashboard that puts you in charge of your finance.
An experienced funding specialist will assist with running your facility and offer day-to-day guidance.
Choose the customers to finance, no concentration limits, advance rates up to 100%, different pricing models.
Seamlessly integrates into your back office to automate verification and access to funds
A solution for both temp and perm, as well as all life-stages from pre-startup to mature agencies.
We credit check your clients and offer bad debt protection to guard against the risk of customer failure.
The world of recruitment is changing and there are huge opportunities for agency owners. The challenge is keeping a positive cash flow while you’re growing.
The changing workforce landscape has seen a shift from permanent to temp and contract recruitment. Are you ready to capitalise on the contractor boom?
The IT world is evolving at a breathtaking pace. The right team is critical to embrace these challenges and ensure clients are operating securely and efficiently.
Timing and tools are critical to providing safe roadways. So too is the timing of cash flow to ensure workers are paid correctly and on time.
Managing staff for a security company can be as unruly and stressful as the scenes they protect. Paying staff on time, every time is crucial.
Outsourced, with an in-house feel. We'll set you up with a fully white-labelled and highly-customised online timesheet & payroll platform.
We'll integrate with your CRM/ATS to pull placement information live, and push all payroll and invoicing data into your accounting package.
We'll onboard your casual workforce, manage payroll, STP & super. We'll even invoice your clients.
Easy to use employee self-service portal to submit timesheets, update personal details and view payroll information.
Need more information about AFinance? If your question isn’t answered here, drop us a line and let’s chat.
We work with workforce companies in Australia and New Zealand; from startups to mature businesses. We work with both temporary and permanent recruitment agencies.
There are a range of pricing models available to help meet your individual requirements.
We can charge a single fee as a percentage of your invoice so that you know your costs upfront and impact on your gross margin, or we can provide a Line of Credit where you pay for the funds you draw.
There are three main factors that determine the fees we charge, and once we know this information, we can set a fee relevant to your needs:
For our Line of Credit pricing we align our charge rate to a variable base rate:
These are base rates only. In addition, a margin rate may apply as separately disclosed to you. These rates may change from time to time.
We advance up to 90% of the value of your invoices.
It is possible to get you set-up and drawing on funds within 48 hours, subject to the completion of the application process, delivery of all necessary information and credit approval.
Funding can be automated or you can log in to your finance portal to draw on funds. Your balance is repaid as your clients pay their invoices.
The majority of our AFinance facilities are disclosed meaning that your customers are aware, however, there is an option to have a confidential facility if you meet certain eligibility requirements.
No, they remain your invoices. We simply leverage the value of those invoices to provide you access to cash flow. Collecting payments and managing customer relationships remain your responsibility.
Yes, you can fund permanent recruitment invoices via your AFinance facility. Alternatively, we have a Recruit Now, Pay Later product, APay which allows employers to pay recruitment fees in 3-6 month instalments.
Our consultants have extensive experience assisting the growth of hundreds of businesses like yours. Get in touch with us today and see how we can make a positive difference.