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

Working Capital Solution

Octet's Business Transaction Facility is an integrated working capital solution for your business that can provide funding for purchase orders (imports), purchases (domestic and imports), sales (domestic and exports) and also accounts receivable.



There are various options as to how the Business Transaction Facility can be used.
Whether your business is purchasing, selling or simply needs additional working capital finance to fuel growth, Octet provides the Total Working Capital Solution.
Business Transaction Facility - Purchases
This is the primary facility that is offered on an unsecured basis to businesses that meet the required criteria. This facility is in the form of a loan made to a buyer of goods or services for the express purpose of making purchases from a seller.
Business Transaction Facility - Seller Limit
The Seller Limit enables the seller to get paid (in full) for the sale immediately by Octet. With Octet providing the necessary funding, the buyer is still able to benefit from having credit terms up to 120 days with the first 60 days being interest free.



Business Transaction Facility - Asset Based
Octet offers an Asset Based Business Transaction Facility, which enables the business to provide additional security that will augment the unsecured limit. The type of security offered is not constrained to a particular asset class at this point. It may be a fixed asset such as property or a current asset such as trade receivables.

Business Transaction Facility - Accounts Receivable
Octet offers an Accounts Receivable Business Transaction Facility. Here, the trade receivables of the business are available as security. Although in principle it is treated similarly to the Asset Based Business Transaction Facility, due to the nature of this fluctuating asset there are other considerations that would apply.
Businesses most suitable for an Octet facility are those that can clearly demonstrate an ability to make the necessary repayments to their suppliers on time, every time. The way they demonstrate this is to provide evidence they are not under financial duress. This means being profitable and being current with commitments to the tax department and to creditors. This information will determine the maximum amount Octet is comfortable lend. 

The Octet Process
Octet can simplify your trade transactions without complicating the communication process between buyer and seller. To see how easily a typical transaction flows through our system, watch our interactive demonstration below.
 
Did you Know?
Your account with Octet is called a Business Transaction Facility. Exclusive to Octet, a Business Transaction Facility makes it fast and easy for your business to pay for goods it orders whether it be local, China, Hong Kong or Taiwan by doing away with the need for Letters of Credit, Telegraphic Transfers and any other traditional methods of finance.

A Business Transaction Facility gives you substantial buying power, but with the huge advantage of not needing to secure the debt – meaning you're not tying up assets. When you become an Octet member, your Business Transaction Facility is pre-approved to an agreed limit. You're free to trade as frequently and as much as you like up to that limit, just like with a regular credit card account. There's nothing else on the market like an Octet Business Transaction Facility.
Apply for a Business Transaction Facility, optimise your cash flow and get More Power To Trade
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