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

Calculate the Octet Benefit

There are many different ways that an Octet Facility can be applied to benefit the bottom line of your business. Some examples how Octet can be used include:

 

  • Redeploying or repaying existing debt provided by banks or shareholders,
  • Purchasing more inventory that could not otherwise be funded with existing resources
  • Taking advantage of early payment discounts offered by suppliers.

Why not use our “Benefits Calculator” to quantify the additional profit that each of these options might generate for your business? Simply choose the applicable option and then input the variables required in your situation in the appropriate boxes. Payment of the Octet Transaction Fee is flexible in that it can be paid either by the Buyer, the Seller or shared as between them. Use the Transaction Fee slider to determine the optimum allocation of the Transaction Fee to maximise your benefit.

 

Examples of how using Octet can optimise cash flow

Type *
($) Amount Funded *
Transaction fee allocation *
Buyer:  1.35 %
Seller:  1.60 %

Gross Margin
   %
Additional Direct Costs
   %
Purchases funded:
Additional sales generated:
Gross Margin:
Direct costs:
Profit benefit:
Octet Cost:
Current interest rate
   %
   Amount Interest % Days Interest Paid
Debt Replaced:
Octet Cost:      

Settlement discount
   %
Settlement Discount :
Octet Cost:
Your Repayments
   Amount Interest % Transaction Fee Loyalty % Days
Octet Funding
  
Days
Principal Repayment %    
Outstanding amount
Repayment $
Monthly interest amount      
Interest paid 30 days later      
Transaction Fee payable        
Transaction Fee - Seller share        
Rewards        
Net cash flow        

Assumptions

 

  • Calculations are indicative only
  • All payments are made on the 1st day of the month
  • The Transaction Fee is 2.95%
  • The Reward rebate is 0.25%
  • The interest rate is the current Octet rate (AFMA + 4.5% )
  • For 'Replace Existing Debt' option, principal balance for existing debt does not amortise and no interest calculated for first 30 days for local purchases

 

 

Octet Rewards

 

As a member of Octet, you're automatically entitled to receive an Octet Rewards Visa Card. This is a special Visa debit card account that accumulates funds as you (or the person you nominate) repay your Octet facility.

 

Apply for a Business Transaction Facility, optimise your cash flow and get More Power To Trade
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