Overview
Grapple develops and builds Invoice Finance and B2B Payment Finance solutions for Australian SMEs to increase working capital and improve cashflow. Australian owned, built and operated Grapple knows Aussie businesses better than anyone and has provided more than $100million to accelerate their growth. SMEs use their products to buy stock in bulk, onboard labour, introduce new product and service lines or simply improve supplier relationships with early payment. Grapple’s range of products include:
Grapple Pay (Domestic Trade Finance) – pay supplier invoices over monthly instalments
Grapple Now – get paid now and allow customers to pay in monthly instalments
Grapple Plus – ideally suited for larger businesses that want to have seamless access to cash through a whole-of-turnover line of credit
Grapple Selective – developed for businesses that want to have full control over their business cashflow. Fund a handful, one, or even a portion of an invoice when and as you need it
Grapple’s LendTech platforms integrate directly into your Xero accounting package to ensure easy onboarding, a fast approval process and immediate funding upon approval.
Let Grapple find a flexible finance solution that suits your business so you can get back to growing it.
Grapple Finance + Xero
With the Grapple Finance application, your invoices, fees and charges are all automatically applied directly into your accounting package.
With GrappleNow, when your customer invoice is funded in the Grapple system, your customer invoice will be closed in your Xero package by a combination of the payment received from Grapple and the associated fees of the transaction in the appropriate expense category in the Profit & Loss.
With GrapplePay, when your supplier invoice is funded in the Grapple system, that supplier invoice will be closed in your Xero package, simultaneously a loan amount will be applied to a Grapple Loan account for the total amount owing to Grapple, additionally all fees and charges will be charged to the appropriate expense category in the Profit & Loss.
Getting started
To get started using the Grapple Finance application, go to the Grapple website and press the Get Started button to complete onboarding and connect to your Xero accounting package.
