Close the cash flow gap to fund your payroll.

Payroll funding allows a business to sell its invoices to obtain immediate cash to meet payroll requirements. Payroll funding provides capital to pay employees or contract workers before the client pays you, allowing you to meet payroll requirements consistently.

• Retain top talent
• Access funding immediately
• Stop waiting on invoice payments
• Close cash flow gaps
• Offer payment by instalments to your customers
• Do not add debt to your balance sheet
• Integrate the funding solution with your existing payroll systems

1. You issue an invoice to your client.
2. You sell the invoice to a payroll funding company to maintain cash flow and meet payroll. 
3. The payroll funding company issues up to 85% of the invoice.
4. Once your customers have paid in full, the payroll funding company settles the transaction by depositing the remaining invoice balance into your company bank account.

You can receive the funds needed in less than 24 hours if you already have an account with the payroll funding provider.

APositive has experience delivering payroll funding to the following industries:

• Recruitment and Labour Hire
• Traffic Management
• IT Contractors and Consultants
• Security
• Mining Services
• Civil Contractors
• Cleaning Contractors
• Wet and Dry Equipment Hire
• Facilities Management

Cash flow is the total amount of money being transferred into and out of your business.

It’s the difference between the available cash at the beginning of your accounting period and what’s left at the end of the period. For example, cash might come in from sales you make, invoices paid, and loan or investment proceeds. While it goes out to pay for your operating and direct expenses.For businesses that hire out staff and equipment, there is often a cash flow gap between when your end customer pays and when you need to meet your payroll commitments. That’s when APositive steps in to advance payments so that you can unlock the value of your receivables.

APositive work with you to understand your cash flow requirements. For example, if you only need your payroll amount advanced, we can pay your margin when your customer invoice is paid. Alternatively, we can pay you some, or all, of your margin upfront, subject to the approval of your systems. Amounts not paid to you upfront are paid immediately after the invoice payment is received from your end customer.

A range of pricing models is available to help meet your individual requirements.We charge a single fee as a percentage of your invoice so that you know your costs upfront, including what impact it will have on your gross margin.

There are three factors that determine the fees we charge, and once we know this information, we can set a fee relevant to your needs:

• The type of timesheet and invoicing system you have in place to manage payroll and invoicing
• The credit quality of your customers; and
• Your customer payment terms

As a guide APositive fees will be approximately 1 to 1.5% for a 14-day period, based on 80% funding of an invoice.

• APositive Base Rate Australia: 6.85% – Last Updated 13/09/2022
• APositive Base Rate New Zealand: 8.21% – Last Updated 13/09/2022

These are base rates only. In addition, a margin rate will apply as separately disclosed to you. These rates may change from time to time.

We love technology, but if electronic timesheets do not suit your business, we can still provide you with the invoice finance, payroll funding and back office solutions you need.