Profile
| Department Name | Payroll Funding |
|---|---|
| Minimum Loan Size ($) | 10,000 |
| Maximum Loan Size ($) | 5,000,000 |
| Loan Type | Receivables Finance |
Point of differentiation
Invoice finance, Payroll Funding & Back Office solutions designed for the Recruitment, Labour Hire & Contracting segments. We use technology to streamline the process of accessing funding.
We ensure payroll funds are available by advancing money against outstanding invoices. Our funding platform integrates with both inhouse and outsourced payroll systems.
● Tech integrations with recruitment & labour hire specific online timesheeting and payroll software - reducing time to manage the day to day funding process and providing funding within minutes of the invoice being raised
● Selective or full book facilities available
● Funding against temp/contractor and perm placement invoices
● Higher advance rates (up to 90%)
● Flexible concentration limits (up to 100%)
● No strict recourse periods - commercial decisions made based on your client terms
● Dedicated relationship manager who provides credit reviews on prospects and clients - helping customers manage their risk
● Selective Bad Debt Protection - which allows recruiters to protect themselves from their customers going insolvent
● Review & consult on back office processes to help streamline the business for growth
● Online timesheet & invoicing software
● Tech integrations with recruitment specific CRM / ATS software
About APositive Workforce Finance
When APositive began in 2013 our purpose was ‘to make lives easier through innovative business finance’.
We have now funded over $800m to help grow hundreds of Australian and New Zealand recruitment & labour hire businesses, including early stage startups, high growth and mature businesses.
Our team of workforce finance experts are proud of the positive outcomes that we have achieved for our clients, and the resulting feedback provided in the form of an industry leading NPS of 77 and 5 Star Trustpilot reviews.
Focusing on our clients’ success has transferred into our own growth story, as we were acknowledged as the 23rd fastest growing Australian business in the 2020 AFR Fast 100