Suppliers

Marist College Ashgrove provides an Early Payment program for suppliers.

Marist College Ashgrove provides an Early Payment program for suppliers. The program helps to improve the cash flow of suppliers by accelerating payment of invoices from within approximately 2 business days, in exchange for a small early payment discount.

About the program

The program is a solution that optimises supplier's cash flow by allowing early payment of all Marist College Ashgrove approved invoices, in exchange for a small early payment discount. It is free to join the program and there are no costs other than the pre-agreed early payment discount option you select. Our solution improves your cash flow and reduces working capital requirements, allowing you to reinvest in your business.

Program benefits

  • Free to join: There are no set-up/administration fees or ongoing charges. The only cost should you choose to be paid early is a small % of the value of the invoice.
  • Easy to join: Receive payment from within approximately 2 business days. Early payment through the program frees up your existing credit lines, ensures consistency of payments and accelerates payment of invoices.
  • Flexible: You can choose to be paid early on every invoice by opting in or simply when you need it.
  • Non-recourse: Reduces credit exposure by allowing you to get paid early. Since this is not a loan, it is not classified as a debt, therefore enhancing your balance sheet metrics.
  • Increased cash-flow: Early payment of your invoices improves your cash flow and reduces the need for other forms of financing or high cost of capital.
  • Improved balance sheet: By being paid early you reduce your debtors' balance, improve working capital ratios and reduce liquidity risks. A strong balance sheet is helpful for reporting to your stakeholders.

Next steps

To register your interest and take advantage of our early payment program, please click here This email address is being protected from spambots. You need JavaScript enabled to view it.