Apricity Invoice Finance
Financial ServicesNew South Wales, Australia2-10 Employees
Apricity Invoice Finance is a small Australian provider in the financial services field, based in Bowral, New South Wales, and founded in 2013. It offers an invoice-based liquidity service that lets clients choose which invoices to be paid, improving cash flow predictability with no ongoing on-call charges. Upon approval, the company advances up to 95% of the value of the selected invoices, with the remaining amount paid minus a 3% fee when those invoices are settled within 30 days. The usual security is the assigned invoice, and there are no other fees or long-term contracts. The service is aimed at small and medium-sized businesses that supply goods or services to high-credit customers, including government bodies, listed companies, major telecommunications and infrastructure or mining groups, hospitals, strong private firms, supermarkets and large distributors. In September 2021, Apricity Finance announced a three-year partnership with the Blues pathway programme.