Frequently asked questions
How can we help?

We are an innovative Australian lender supporting the growth of small to medium sized businesses across the country. We recognized that traditional lending products have not evolved to support the diversity of modern-day businesses, so we engineered a uniquely versatile line of credit to be the perfect fit for them all.

We believe all small businesses should get the funding they deserve so we developed advanced data analysis in order to get a deeper understanding of where each business is at, as well as where it is going. This deeper understanding enables us to provide funding in a multitude of different ways, all through one line of credit. So, now, if your business is large or small, old or young, with assets or without, we can help.

Future Cash Flow

Access funding even when your business has no assets. We assess your earnings capacity to ensure that any funding provided can be comfortably repaid out of future cash flow.

Receivables and Preceivables®

Access funding by leveraging your invoices and now as an industry first with Plexe, you can access partial funding before you invoice by leveraging any drafts, quotes or orders.

Quotes, Orders and Inventory

Access partial funding by leveraging your current inventory. To access funding for the purchase of new inventory either locally or abroad, provide us with a valid purchase order and we can help there too.

We take a holistic view on all the elements of value within your business in order to determine your credit limit. So, whether it is determined by your receivables, preceivables®, inventory or future cashflows, or a combination of everything, rest assured you’ll get the optimal credit limit. Best of all, it will naturally grow with your business.

Initial limits of $1,000 to $500,000. Your credit limit adapts to your changing needs, adjusting as your business grows removing the need to reapply.

By analysing your business bank or accounting data in conjunction with the credit history of your business.

We simply added the option to provide banking data for businesses that don’t use online accounting software.

For accounting data, we integrate seamlessly with Xero, MYOB and Quickbooks with more coming soon. For banking data, we can accept data from almost all the major banks and credit unions.

1. Link your accounting or bank data to see what funding we can provide. There is no obligation at this point. .

2. Proceed with your application and we’ll try our best to issue an approval within 24 hours.

3. Once your account has been approved, you can withdraw funds whenever you like.

No disclosure of our relationship is made to any of your customers. Our service is 100% confidential.

Security is our number one priority. All communication with us and third-party systems is done using industry standard 256-bit encryption technology. We do not store any username or passwords for your accounting software or bank accounts in our system. Our data centres are all based in Australia and we undertake periodic reviews and penetration testing to ensure our systems are secure.

A true, revolving line of credit with all the functionality of products like term loans, overdrafts as well as invoice and trade finance. Our line of credit flexes to fit your business so you can borrow on your terms.

We have a completely unprecedented pricing model - we charge one simple Advance Fee on funds we advance from your line of credit. This way, you‘ll always know up front exactly what it will cost to borrow.

We have no hidden fees, no management fees, no line fees or even interest!

Unlike some lenders, we don’t deduct the Advance Fee from any funds advanced. We simply apply this to your account balance so it will get paid as and when you pay off your account balance

To keep our pricing fair and competitive, the fee is based on our holistic analysis of the data for each individual business.

Once your account is approved, if you submit a request for a same day transfer before 2pm, the funds will arrive the same day.

We offer options so that repayments can be aligned with individual business cash flows. Choose from fixed weekly direct debits (also tailor the repayment term), variable weekly direct debits (also tailor the percentage of your weekly income) or invoice payments only (we set up a bank account in the name of your business for your customers to make payment into).

Simply log into your dashboard and click Withdraw Funds. Choose how you’d like to repay them and then enter the amount. Hit Proceed and we will do the rest.

Yes, your limit is designed to grow in line with your business so you’ll never need to reapply for funding.

Unlike some other facilities, our line of credit has been designed so that you can withdraw as little or as much as you’d like, as frequently or infrequently as you like. This way you can lower your borrowing cost by only withdrawing the exact amount you need, when you need it.