Canberra, ACT
Invoice finance in Canberra
A Canberra business billing Commonwealth departments and agencies has close to the strongest debtor book available anywhere in Australia — payment is essentially certain, but approval and processing cycles are slow. That is the ideal invoice finance profile. The facility advances against each invoice on issue, funding fortnightly payroll from work already delivered rather than from your own reserves while the department works through its process.
Business finance in Canberra
Canberra’s economy is anchored by the federal public service and the large professional services, consulting, IT and defence industry sector that supplies it. Construction is the other major employer, driven by continuous residential development in Gungahlin and Molonglo and by government office and infrastructure projects. Business here is unusually stable but heavily dependent on procurement cycles and the federal budget calendar.
How we work with Canberra businesses
Lyft Money works with Canberra businesses by phone and video, with documents handled online and settlements arranged Australia-wide. Anthony, Stefan and Kris operate from Level 14, 3 Parramatta Square in Sydney, so an ACT client works with the same broker from the first call through to settlement — including where the vehicle or equipment is being bought from a Sydney or Melbourne supplier.
What is a invoice finance?
Invoice finance is funding advanced against eligible unpaid business invoices, typically 70–90% of the invoice value upfront with the balance (less fees) paid when your customer pays. It uses your receivables as security rather than property.
Invoice finance in Canberra: the numbers
| Typical amounts | $20,000 – $5,000,000 |
|---|---|
| Term | 1–12 months |
| Indicative rates | 8% – 18% p.a. · rate history |
| Speed | 24–48 hours per invoice once set up |
| Key Canberra industries | Professional services · Construction · IT and technology · Medical practices · Cleaning businesses |
| Commonly financed here | IT hardware · Business car · Ute · Shop fit-out · Excavator |
Rates shown are indicative ranges observed across our lender panel for the period stated. They are not an offer or quote. Your rate depends on your business, the lender, the amount, the term and the security offered. The lender makes the final credit decision.
Key terms
What is invoice finance?
Invoice finance (also called debtor finance or receivables finance) advances a percentage of an unpaid invoice’s value now, with the remainder paid when the customer settles, minus the financier’s fees.
Invoice finance vs invoice factoring
Factoring sells the invoice to the financier who collects from your customer; invoice discounting keeps collections with you and is usually confidential. Both are forms of invoice finance.