Fee Funders – Innovative Client Payment Solutions

By . Posted in Business Growth, Cloud Software, Small Business, Solutions.

Fi - Fee Funders feefunders

Meet Fiona Ashford – or Fi – from Fee Funders. Fee Funders take all the stress out of business by giving your customers a spread payment option while paying cash to your business in advance. And what is best is that they are free for Business Owners. We interviewed Fi to find out more about her too-good-to-be-true service.

So Fi, how does Fee Funders work?
Fee Funders provide a win/win for the cash-flow of businesses and their customers by allowing the business to offer customers a spread payment solution.

The business receives 100% of customer invoice paid to them, whilst their customer spreads payment over 3, 6 or 9 months. This means the business achieves upfront cash-flow at no cost. Fee Funders manage all the payments via direct debit. Their customer pays a competitive flat interest rate of 1.85% per instalment + a $65 set up fee. And the business owner is paid 5 days after we receive the first customer payment.

It’s quick, easy and fabulous for the cash-flow of businesses and their customers. We also pride ourselves in being exceptionally friendly and efficient to deal with and funding applications are online taking only minutes to generate.

What clients do you work with?
Our financial products assist companies such as Accountants, Goods Suppliers, Signage, Web, IT Services, Dentists, Engineers, Coaches, Entertainment providers, Health and Safety Companies, and multiple other industries.

Basically we can help any business who’s fee’s/invoices to their customers are between $2,000-$25,000 and who would like a way to offer spread payments while still getting paid up front.

There are only a handful of fee funding companies in NZ. Fee Funders is the ONLY one who extends our services beyond the accountancy and legal professions.

What is the number one benefit clients get from using you?
Definitely Cash-flow.

Cash-flow is critical for any business – regardless of size or industry. Chasing payments is time consuming and costly. When your customers pay through Fee Funders you know that you’ll be paid. As you can imagine, the accounts staff love us because we make their job so easy and reduce their workload!

Increased sales is the 2nd best benefit. Our clients tell us that they sell more by having the option to spread payments.

You have an app! Tell us about that.
Yes – we like to make it easy for our Clients and so a mobile i-phone app that quickly works out the repayment amounts is something that many of them use in the sales process. We also have a great online “quick quote” app that’s available to our clients which shows installment and interest charges for amounts and payment terms.

It only takes about 2 minutes for a business to generate the funding application and Direct Debit confirmation online -it’s that quick and easy!

If you could give one piece of advice to business owners, what would it be?
Make it easy for your customers to pay you!

What gets you out of bed in the morning?
Other than getting the kids to schools on time, have you ever met someone who just so obviously LOVES their job? – I’m lucky enough to be one of those people.

I love our clients. I love our product. I love the solution we provide and the lives it changes. I feel very blessed to be in this position.

I also love the continual financial up skilling I get from learning about our other specific financial products we have available through www.fundersgroup.co.nz.

If you think you could do with better cash flow options for your business, you have nothing to lose for contacting Fi at fiona@feefunders.co.nz or free phone 0800 333 729.


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