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

Calculate the Octet Benefit

An Octet Business Transaction Facility for purchases can benefit the bottom line of your business. For example:

 

  • Fund Additional Sales
  • Replace Existing Debt provided by Banks or Shareholders
  • Take advantage of Early Payment Discounts offered by suppliers.
Examples of how using Octet can optimise cash flow
Type *
($) Amount Funded *
Transaction fee allocation *
Buyer:  1.25 %
Seller:  1.20 %

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

Settlement discount
   %
Settlement Discount :
Octet Cost:
Benefit
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      

Use Octet’s simple “Benefits Calculator” to quantify the profit each of these options might generate. Simply choose the applicable option below and insert your specific variables into the appropriate boxes.

 

Payment of the Octet Transaction Fee is flexible in that it can be paid either by you as the Buyer, your Seller or shared between you. Use the Transaction Fee slider to determine the optimum allocation to maximise your benefit.

 

Assumptions

 

  • Calculations are indicative only
  • All payments are made on the 1st day of the month
  • The Transaction Fee is 2.45%
  • The Reward rebate is 0.25%
  • The interest rate is the current Octet rate (AFMA + 4.5%)
  • For 'Early Payment Discount' option, repayment is at 60 days
  • 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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