Feb
03

Brad Bennett l Cash Flow Specialist l FIFO Capital

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bradfifocapitalMembers Details
Brad Bennett
Cash Flow Specialist
FIFO Capital
www.FIFOCapital.com.au
BNI United in the BNI North Sydney Region

Tell us about your business:

FIFO Capital: Invoice today, cash tomorrow.

At FIFO we simply buy your invoice(s), provide you with up to 80% of the invoice value immediately, and when your customer pays we remit the remaining 20% less our fee.

FAST: We can do this initially in 24-48 hours (later in 2-4 hours).
FLEXIBLE: There is no need to lock into an ’all of ledger’ invoice finance product (i.e. can be used only when needed).
COMPATIBLE: There is no need for real estate security & we can work with existing finance providers.
TRANSPARENT: There is a single charge per invoice & no hidden fees.
SIMPLE: We fund businesses banks will not.

What are your top 3 networking tips?

1. Practise active listening. It works.
2. Focusing on others & not yourself builds trust.
3. Networking done right is essentially all about Karma.

What can’t you live without?

My iPhone business card reader App

Which Business Book Would Your Recommend & Why?

Currently I am reading ”Free Marketing: 101 Low and No-Cost Ways to Grow Your Business, Online and Off”, by Jim Cockrum. There are some great tips to browse that will maximise your digital marketing spend.

How Did Your Find Out About BNI & Why Did You Join?

It was recommended to me by a number of my new colleagues at FIFO.

How Long Have You Been a Member For?

Part of the newly formed North Sydney Chapter (BNI United)

What Position/s On The Leadership Team Have You Held? 

Visitors Host

What value & benefit have you or your business gained by being a BNI Member?

It is clear from my short time that by focusing on the other BNI members referrals I can generate goodwill & a willingness to support my own businesses objectives/growth, thereby increasing my own potential many times over.

What Do You Wish Someone Had Told Your When You First Joined BNI? 

…make sure you are an early riser…!

Do You Have a BNI Story to share?

As a new member, not too many stories yet. However, as a former ’bean counter’ that worked hard at having NO network, I seem to have found a group of colleagues willing to help me overnight!

Your Dream Referral Is…

SMEs which:
- Have turnover under $5M
- Need fast working capital funding ($20K-$500K)
- Have B2B customer debtor’s ledgers.
- Have maxed out existing overdrafts / security
- Are new and/or have limited equity in their business
- Which have been rejected by banks
- Don’t want to be locked into ’all of ledger’ solutions

I am also keen to speak to their trusted advisors: small-mid sized accountants & lawyers, loan brokers, business coaches & bankers.

Categories : Featured Member

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