It is often hard to easily equate how much debtor finance will actually cost you on an annual basis. Our calculator seeks to overcome this problem.

You can open up the calculator here.

How to use the calculator

Simply input the information into the dashboard to get an indication of how much you can raise from your outstanding Aged Receivables:

• Projected Sales - these should include GST (admin fees are charged against gross invoices)
• Advance Rate - this is the % a debtor financier will make available to you against invoices
• Expected Usage of funds - most companies typically use 70% of what they have available - it depends upon the needs of your own business - play with this as you see appropriate.
• Admin fee - debtor financiers charge a fee as a % of gross sales.
• Cost of funds is the annual cost of funds that you borrow from the debtor financier. Expect annual costs to be of the level 9% - 12.5%
• Debtor Days - the average length of time it takes your customers to pay you

By adjusting the levels above you can see how it influences the annual costs of a debtor finance facility. It will also show you the overall cost as a % of your sales

Any queries, please do not hesitate to get in touch with us on 1300 79 30 60 or email us