Newcastle, NSW
Invoice finance in Newcastle
Hunter contractors billing major miners, tier-one head contractors and the Port of Newcastle have exactly the debtor profile invoice finance is designed for: very strong payers on very slow terms. A facility advances against each monthly claim on lodgement, funding the next payroll and the next mobilisation. Heavy reliance on one large mining client is usually a credit problem; with invoice finance it can work in your favour.
Business finance in Newcastle
Newcastle is the commercial hub of the Hunter, built around the Port of Newcastle, a large mining services sector supporting Hunter Valley coal operations, and a substantial construction and engineering base. Health and education have grown into major employers through the John Hunter Hospital and the University of Newcastle, and the city centre has been redeveloped extensively over the past decade as heavy industry has moved out.
How we work with Newcastle businesses
Lyft Money works with Newcastle and Hunter businesses by phone and video, with documents handled online and settlements arranged Australia-wide. Anthony, Stefan and Kris are based at Level 14, 3 Parramatta Square in Sydney, so a Newcastle client deals with the same broker throughout rather than being passed around — and buying a machine from a dealer in another state is no more complicated than buying one locally.
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 Newcastle: 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 Newcastle industries | Mining services · Construction · Transport and logistics · Manufacturing · Civil contractors |
| Commonly financed here | Excavator · Prime mover · Ute · Wheel loader · Crane truck |
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.