Offices

Octet Finance, Sydney
Octet House
108 Cathedral Street Woolloomooloo
NSW 2011

Octet Finance, Melbourne
Level 8, Como Office Tower
644 Chapel Street
South Yarra
VIC 3141

Octet Finance, Brisbane
Level 18
Riverside Centre
123 Eagle Street
QLD 4000

Octet Value Proposition

For Buyers

  • An Unsecured facility, which does not interfere with existing bank arrangements.
  • Opportunity to convert cash terms of trade arrangement into an open account facility.
  • Accelerate working capital cycle to enable expansion of business activities.
  • Provides flexibility to extend repayment period if required.
  • Does not interfere with existing payment arrangement between the Buyer and Seller, if the existing arrangements involve LC or TT this would continue.
  • Benefit from a VISA debit card reward program for all paid purchases
  • Utilise same communication system with numerous overseas Sellers

 

For Sellers

  • Receive benefit of earlier payment.
  • Removes the credit risk of your customer and therefore no need for credit insuring the debt.
  • Benefit by being able to obtain purchase order financing.
  • Offer a proven LOYALTY rewards program for all customers.
  • Reduces financing required from shareholders, suppliers or secured bank.
  • Centralises business to business transaction process making it efficient and streamlined
  • Broadens the net of potential overseas Buyers by offering open account terms
  • Removes requirement to renegotiate every sale
  • Broadens trading partnerships by offering up to 120 days credit terms instead of demanding sight LCs and telegraphic transfers on production of Bill of Lading.
  • Allows opportunity to deal in larger volumes with Buyers

 

For Financial Institutions lending to the Buyer

  • Become part of a next-generation financing platform
  • Provide additional product offering to existing client base
  • Earn additional income from a merchant fee for underwriting an existing client but without increasing the credit risk
  • Creating visibility of existing approved working capital facility.

 

For Financials Institution linked to the Seller

  • Provide additional product offering to existing client base
  • Become part of a next generation financing platform

 

For Accounting Practices

  • Offer the Octet trading card as an option for your client’s payment method:
  • Accelerate cash receipts from your clients.
  • Remove the credit risk on your clients.
  • The facility is unsecured and collateral-free.
  • Turbocharge the working capital cycle for both practice and client.
  • Offer clients an Octet Visa Rewards to promote client loyalty.
  • Offer clients extended credit terms for a further 60 days after expiration of initial interest free period of 60 days.
  • No need to utilise existing secured bank funds to finance credit terms of your clients.
  • Value –add by exposing clients to solutions they would not find through a standard financial institution
  • Enhance client’s facility approval process by providing current and accurate financial information required by Octet for the initial credit assessment

 

Make an Enquiry

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