Fifo Capital: selective invoice finance, trade finance and business loans

Most invoice finance facilities want your whole debtors ledger. Fifo Capital’s headline product works the other way: you pick the invoice you want cash for, fund it, and leave the rest alone. For a business that only hits a cash squeeze now and then, such as when a big job lands or the quarterly BAS is due, that’s a very different proposition from a permanent facility.

Fifo Capital also lends against property and offers trade finance and a line of credit, which makes it broader than a pure invoice financier. This profile covers each product using Fifo Capital’s own website as at October 2026. Criteria are indicative and subject to its credit assessment, so confirm the details directly.

The product range at a glance

Product	Published amounts	Terms and structure
Selective invoice finance	From $10k to $1m+	Up to 80% of chosen invoices; no fixed-term contract; no real estate security
Trade finance (Fifopay)	$500k to $5m, revolving	Pay suppliers now; choose a payment date up to 180 days after the invoice due date
Line of credit	Up to $5m	100% of supplier invoices, plus a working capital portion sized at approval
Business loan, property-backed	Up to $5m	6 to 60 months; first or second mortgage
Business loan, no property	Up to $350k	Up to 18 months; director guarantees and a general security agreement

Bridging loans also appear in its menu, without published detail.

How does selective invoice finance work in practice?

Say a Geelong engineering firm finishes a $60k job for a tier-two builder, payable in 60 days. Its own payroll falls due on Thursday. Under a selective arrangement, the firm uploads that single invoice and Fifo Capital advances up to 80%, around $48k. When the builder pays, the remaining 20%, less Fifo Capital’s fees, is released.

Nothing else in the ledger is touched, and there’s no fixed-term contract to unwind later. Fifo Capital’s published criteria for this product are:

• more than 12 months in operation and an active ABN or ACN
• monthly turnover above $10k
• invoices owed by other Australian businesses on trade terms
• invoices raised after the goods or services are delivered

The trade-off is cost. Funding one invoice at a time is often dearer per dollar than a whole-of-ledger facility, so it’s best for occasional gaps rather than a permanent shortfall. Our invoice finance calculator shows what a given advance costs in dollars over your customers’ real payment times.

Want a second opinion on whether one-off invoice funding or a standing facility suits you better? Run your numbers past us and nobody runs your credit just because you asked.

Reading Fifo Capital’s LVR table

For its property-backed loans, Fifo Capital publishes indicative maximum loan-to-value ratios. The important detail is that these are based on total secured debt, including any existing mortgage ahead of Fifo Capital.

Security type	First mortgage	Second mortgage
Residential, metro	90%	85%
Residential, regional	85%	75%
Commercial, metro	75%	65%
Commercial, regional	65%	50%

So a metro home worth $1m with a $600k existing mortgage could, at 85% on a second mortgage, support total debt of $850k, leaving room of roughly $250k before costs. Agricultural and vacant land is assessed case by case. Our LVR calculator lets you test your own figures, and our guide to second mortgage business loans explains how sitting behind a bank works.

The “no property” loan is not quite unsecured

Fifo Capital’s loan of up to $350k doesn’t need real estate, but it’s backed by personal guarantees from the directors plus a general security agreement, which Fifo Capital records on the PPSR against the company’s assets. That’s normal in non-bank lending, but it means directors carry personal liability and the lender has a claim over the business’s assets if things go wrong. Read that loan as “secured on the business, not on property”.

Who tends to suit Fifo Capital?

• B2B businesses with occasional cash gaps that want to fund individual invoices without a long contract.
• Importers turning over enough to service a $500k+ trade facility who want long supplier terms. Its FAQ mentions a $1m annual turnover minimum for trade finance.
• Property owners who want a business loan of up to $5m with flexible repayment structures, including interest only.
• Owners who want several products under one roof, from invoice finance through to property-backed term debt.

It’s less suited to businesses trading under 12 months, those selling only to consumers, and borrowers wanting more than $350k without offering property.

Questions to put to Fifo Capital

1. What will funding a typical invoice cost in dollars, for my customers’ real payment times?
2. Which turnover minimum applies to the product I want? (Its site lists different figures for different products.)
3. Will my invoice finance be disclosed or undisclosed?
4. What establishment, mandate and line fees apply, and are there exit costs?
5. What happens if a funded invoice is paid late or disputed?

If Fifo Capital says no

• Trading under 12 months? FundTap will look at businesses only a few months old for its per-invoice funding. See also new business loans with an ABN under 12 months.
• Want a full-ledger facility instead? Compare Earlypay or Invoice Money.
• Customers pay at the till, not on invoice? Look at a merchant cash advance or unsecured business loans.
• Need more than your property’s LVR allows? A caveat loan or private lender may assess differently.

When one invoice isn’t the whole story

Selective invoice finance is a neat fix for a single slow payer. But if every month brings the same squeeze, the cheaper fix may be a standing facility, a property-secured loan or a different structure altogether.

We can help you tell the difference. The form is short (about a minute) and enquiring with us doesn’t register on your credit report. You won’t be handed to a stream of brokers and lenders; a member of our team studies your answers personally, then rings to walk through the options. Describe your invoices, property and turnover precisely and our first suggestion is far more likely to be the one that sticks.

Check my invoice and loan options →