For Businesses
No application or admin fees
No Direct Debit fees*
Fixed instalments
Dedicated Relationship Manager
Fast approval, no financials required
* Credit card fees may apply.
Upload your invoice and we will fund it!
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For Businesses
SmartFee helps businesses pay invoices issued by their accountant or lawyer over a monthly instalment plan.
Your accountant or lawyers gets paid upfront by SmartFee for the total amount and you get to pay the total invoice amount over manageable fixed payments in 3 to 12 instalments.
It means you can get advice when you need it, not just when you can afford it!
How it works
Receive a tax invoice from your accountant or lawyer
Complete the simple, online application
Receive approval from SmartFee within 24 hours
Pay your invoice off over smaller, monthly instalments
* The payment schedule is based on a fixed amount each month, with repayment terms from 3 to 12 instalments. Signing up is easy and approval takes less than 48 hours.
Why use SmartFee?
No application or administration fees
Approval within 24 hours
Simple, transparent online application process
Dedicated Relationship Manager
Choose a repayment term that suits your business
No financials required and tax deductible
Full invoice payment to your accountant or lawyer within 3 business days of you making your first instalment
It was very helpful that we could pay the bill monthly, not in one lump sum. It took the burden out of it.
It was very helpful that we could pay the bill monthly, not in one lump sum. It took the burden out of it.
FAQ
What is Fee Funding?
Fee Funding is an alternative payment solution that allows a business to pay their invoice issued by their professional advisor (accountant or lawyer) over monthly instalments rather than a lump sum.
What types of business can use fee funding to pay invoices?
Any business that has an Australian Business Number (ABN) can obtain funding for their professional fees. This includes any company, partnership, sole trader or trust. SmartFee will only provide funding on invoices that are for business purposes and issued by a professional advisor. The invoice must specify the services rendered by the Practice.
What terms are available to borrowers to pay off their invoices using SmartFee?
Borrowers may pay their invoice over 3 to 12 instalments. Their professional advisor should discuss the appropriate option with their client.
Do I need to provide my business financials?
In most cases no, however there may be some circumstances that we request financial information. To mitigate any potential risks for both parties, SmartFee will conduct a risk check on new clients.
Can I pay my loan out early and is there a fee?
Yes, you can pay off the remaining amount owed early and there are no early payout fees.
How old can an invoice be to use SmartFee funding?
The invoice must be issued by the professional advisor (firm) within the last 12 months.
Am I locked into a long-term contract?
If you are a business using SmartFee, to pay off your invoice (borrower) you are legally bound by the terms and conditions (3 to 12 months) as stated in your contract.
Can an 'individual' apply for SmartFee?
No. SmartFee do not fund invoices to individuals. We fund invoices issued by professional firms to businesses with an Australian Business Number (ABN).
What methods of payments are accepted by SmartFee?
Our payment methods are through direct debit and credit card (Visa/Mastercard and Amex). We encourage our clients to utilise the online secure payment gateway for their convenience.
What are the costs in applying for SmartFee?
We have no application fees for the professional firm or their clients. We are transparent about all costs associated with funding invoices and we provide a schedule for the borrower with set monthly instalments. We ensure the borrower (and the professional) know exactly how much is due per instalment and the due date for payment.
SmartFee allowed me to repay the accounting fees in line with my cashflow.
SmartFee allowed me to repay the accounting fees in line with my cashflow.
We are here to help
If you would like more information about using or offering SmartFee, please complete the form below or contact us directly on 1300 723 243.
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