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OptiPay

By OptiPay
5 out of 5 stars
Unlock the cash tied up in your unpaid invoices with OptiPay's cash flow funding solutions. For businesses offering credit terms to their customers, OptiPay’s Invoice Finance will turn up to 90% of your outstanding invoices into cash within 24 hours of delivery of the product to your buyer.
Rated
5.0
out of 5
Reviewed by
1
Xero user
Listed for
1 year
October 2023
Key functions
Financial services

Overview

OptiPay

OptiPay is a leading provider of funding solutions for Australian businesses. OptiPay’s finance facilities provide a range of fast, flexible, fair, and affordable solutions to resolve your cash flow challenges and help accelerate your business growth.

Find the optimal funding solution for your business now with OptiPay.

Invoice Finance

Unlock the cash tied up in your unpaid invoices. For businesses offering credit terms to their customers, have seasonal fluctuations, or simply needing working capital quickly and hassle free. OptiPay’s Invoice Finance funding solution will turn up to 90% of your outstanding invoices into cash within 24 hours of delivery of the product to your buyer.

Trade Finance

Access a Line of Credit to pay your suppliers. Get the cash flow you need to pay your suppliers, be it for imports, exports, or local supplies. OptiPay’s Trade Finance funding solution lets you focus on closing sales rather than worrying about how you are going to pay for the goods before you sell them.

Inventory Finance

Access cash from the stock held in your inventory. Drive your business growth with a Line of Credit secured by your inventory stock. With OptiPay’s Inventory Finance funding solution you can fund the purchase of new stock and pay us back when you sell the product. Perfect for seasonal businesses, Inventory Finance can provide a significant capital injection and ongoing working capital to help your business thrive.

Business Line of Credit

A revolving Line of Credit that can be used to pay suppliers, sub-contractors or other creditors with flexible repayment periods tailored to suit your businesses cash cycle without the need for property security.

OptiPay + Xero

The OptiPay Xero integration allows for data extraction solution is designed to make business simpler, cheaper, and more efficient for our clients. By extracting your sales ledger directly into our system saves you time and allows for streamlined funding.

Reviews & ratings

5.0 out of 5 stars
1 Reviews

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Most recent reviews

DS
Daniel Sia
Posted 24 Oct 2023
5 out of 5 stars

Funded within 24 hours of Onboarding

Great experience - seamless and quick. Onboarding was efficient and OptiPay was able to fund me within 24 hours of onboarding. From my previous experience, other providers can take weeks for the first funding.

Additional info

Shared data

Xero
OptiPay
Accountsshared from Xero to OptiPay
Receiptsshared from Xero to OptiPay
Paymentsshared from OptiPay to Xero
Invoicesshared from Xero to OptiPay
Credit Notesshared from Xero to OptiPay
Contactsshared from Xero to OptiPay
Bank Transfersshared from OptiPay to Xero
Bank Transactionsshared from Xero to OptiPay

Functions

Financial services

Industries

Professional services

App details

By OptiPay
Added in 2023

Get started with OptiPay

Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.