Office Supplies and IT Retailer

This client has been established for 8 years providing office supplies and IT products to the commercial and retail sector in New South Wales. The client was seeking cashflow to purchase more stock.

The challenge he had was the busines already had a high risk loan which made it difficult to obtain more affordable finance.

We were able to present a strong case and highlighted the potential growth of the business that enabled us to refinance out his more expensive loan and obtain further funding for his needs.

Client was seeking $50,000 to meet his minimum requirement. We obtained an approval of $80,000 on a line of credit which helped financed out the expensive loan and additional $50,000 for stock.

The client was impressed with the feature of a line of credit enabling him to draw down what he needed and paying for what he used. He liked the idea of being able to control cost by paying more back into the facility to reduce the interest cost.

• $80,000
• 1 Line of Credit
• Unsecured
• 3 Day Turnaround
• New South Wales