PLEASE NOTE THAT THIS SERVICE IS NOT AVAILABLE AT THE MOMENT. 

EFTPOS Advance

EFTPOS Advance is an alternative working capital solution that helps you leverage a rarely used asset, your EFTPOS receipts.

How does it work:

• The Lender agrees to purchase a fixed amount of your expected future credit, debit and EFTPOS sales from you, at a discount.
• Based on these expected future sales the lump sum is transferred into your account.
• A fixed percentage of each future credit, debit and EFTPOS is retained until the initial advance is repaid.

How is EFTPOS Advance different from a Bank facility:

• There are no personal guarantee or charges required.
• As payback is based on turnover there is no preset repayment schedule, if your sales slow so does the amount paid back.
• Limited paperwork required with simple and hassle free process.

Features:

• 90% Approval rate
• Funds typically received within 10 days of application
• No fixed repayment schedule
• No application fees or closing costs

Talk to IdenMoney about how EFTPOS Advance can help your business. Click here to get a quote.

Make an appointment to see an Iden Money Loan Consultant.