We have managed to do our first couple of transactions on the 1% for 30 day option, which has been well received.
At this point it seems to be the supplier of goods who are showing interest in this as an offer they can provide to customers.
We think this one works really well for farmers selling goods like stockfeed or livestock privately, as for a fee that is in line with most people’s overdraft rate, their customer can take delivery of the goods they have purchased straight away and the supplier gets paid immediately injecting cash straight into the business.
We do provide the option for the supplier to pick up the charge if they wish so it’s a pretty handy way to inject some cashflow into a farm business and minimise payment risk.
If you’re interested in speaking more about this one either as a buyer or a seller give Kelsey a call on 0409 117 730 or request a callback HERE.