Invoice Factoring Costs

If your business needs cash fast, then invoice discounting and factoring is for you

New to Working Capital Finance?

Fill out the Registration Form and we will get back to you

New Invoices to be Sold?

Fill out the Factoring Service Request Form and we will get back to you

Smash Repair Completed?

Fill out the Vehicle Collection and Clearance Form if the insurer does not have one
Cash flow motif

Invoice Factoring Costs

If your business needs cash fast, then invoice discounting and factoring is for you. For speed and ease of getting the required cash, it cannot be beaten.

Same day cash is very possible.

Working Capital Finance simply takes a small percentage of the total invoice or a flat fee off the value of the invoice and sends the rest of the value of your invoice as an EFT straight to your bank account.

How to calculate the costs

We deduct a single fee from the invoice that we buy from you and EFT the rest to your bank account. Our single cost is the higher of:

A flat fee of 1.75% of the invoice value if the repair invoice is larger than $20,000


A flat fee of 2% of the insurance company invoice value if the insurance repair invoice is less than $20,000


A minimum of $40 per invoice

You pay either a percentage of the invoice or $40 per invoice, not both.

If the insurance company pays us less than the full value of the invoice, then you must pay us the outstanding residual.

This can be done by giving us some more invoices to factor. We will then take the residual off the amount otherwise due to you. It is your decision whether to chase the insurer for the outstanding residual or not.

When does using Invoice Discounting or Invoice Factoring make sense?

In any of these circumstances, using Invoice Factoring/Discounting will either net you more income or lower your net costs.

That’s why even the biggest and smartest smash repairers use invoice discounting/factoring from time to time.

Ensuring a Smooth, Hassle-Free Invoice Discounting Process

In order to get the money you’re owed quickly, keep the following information in mind.

Each time you use our service, you must send us the same information you know the insurer would require:

Delays in receiving your cash will occur if you fax us incomplete or unsigned documentation :

  • You did not sign the form
  • There are missing sublet invoices or  Insurance Company “Authority to Repair” forms
  • There are missing or no copies of the adjusted quote/estimate for additional repairs
  • You miss out pages we require

Have Questions? Contact Us!

We are here to help you – if you need more information or advice, please click call us on (02) 9968 2328 or email

Need something else? Head to our contact page to leave a message.