Financial Products

Provision of financial products to value-add to client’s businesses

Accountants.com.au can provide informed advice on a wide range of financial products options.

Fee funding – For example, if a personal services business has debtors then it can arrange a fee-funding proposal up to 12 months for the client as an alternative to immediate payment – this provides the client with no real excuse to delay payment of fees.

You can write a full recourse debt from $500 to $100,000 within a day and have 100% of the funds within a week.

Accountants.com.au sells fee-funding for fee-for-service businesses (eg architects, engineers, IT, managing consultants etc).

Marketing tax audit insurance to accountants and their clients – this product can be used by a professional advisers’ practice as an inexpensive marketing tool to provide cover to clients in respect of professional fees incurred in the event of a Federal or State government tax audit occurring. The clients can also cover themselves. Underwritten by major international underwriters.

Bonds – Underwritten by QBE and a major NZ insurance company backed by a number of Lloyds syndicates.
In lieu of businesses putting up bank guarantees or cash for guarantees or deposits insurance bonds can be written.

This frees up bank facilities of the business to be used for more productive purposes (e.g. these products are particularly beneficial for construction, engineering or contracting companies to replace all their existing performance deposits or retention deposits by this product). The products are off balance sheet.

The cost of the product is no greater than the fees charged by the existing banking alternative.