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ProFee Loan Product - Core Features

Ø       Each Contract Offer is controlled by accountants / solicitors / other approved professionals to their commercial clients as a payment option.

 

Ø       Enables clients to split fees into 6, 8, 10 or 12 periodical payments whilst at the same time paying the accountant’s / solicitor’s / professional’s fees in full.

 

Ø       The client pays an interest charge, spread over the periodical payments as well as a “once only up front” $45 fee.

 

Ø       Interest charges & the fee are generally tax deductible

 

Ø       Automatically available on fees from $500 to $100,000. All other fees can be arranged on specific application.

 

Ø       Related client entities can be included on the one contract.


Core benefits for clients of accountants, solicitors, approved professions

 

Ø       Improves cash flow by avoiding the “lump sum” hit.

 

Ø       Another line of credit

 

Ø       Conserved cash remains in the business

 

Ø       Improves cash flow discipline

 

Core benefits for professions

 

Ø       Adds a genuine payment option for all clients / completes the circle of widest payment choices available

 

Ø       Competitive advantage over practices who don’t offer funding

 

Ø       Capacity to make project work more accessible / affordable for a greater number of clients

 

Ø       Reduces debtor management costs

 

Ø       Restores real value of outstanding invoices

 


Mutual benefit for clients & professions

 

The relationship between client and practice is enhanced and strengthened. Clients will feel more comfortable about approaching the practice for advice or additional services because the practice fees have been paid.

 

The practice will be more willing to assist or undertake project work for the very same reason.

 

It must follow as a consequence, that the client who is receiving more advice and / or assistance from a practice stands a greater chance of improving or protecting the wealth of his or her business. And isn’t that the best satisfaction for all concerned?




 
 
 
 
ProFee is a registered Trade Mark owned by  Lumley General Insurance Limited Australia Pty Ltd
All materials on this website are copyright and all rights are reserved by  Lumley General Insurance Limited  - 2004