Industry: Photography Equipment.
Facility Limit: $300K.
This established wholesaler of photography accessories, services and equipment sourced goods from both domestic and international suppliers. The business is a major distributor of a high-definition camera and accessories that has become the most popular in its category. A significant and sudden boom in trade placed undue pressure on cash flow, making it difficult for the business to purchase sufficient stock to keep up with demand.
Tradeline enabled the organisation to import greater quantities of without having to re-negotiate terms with the overseas supplier. The facility’s 90-day repayment terms covered the duration of shipping and distribution, allowing the business to offer its customers regular invoice terms. Tradeline is backed by Scottish Pacific, a working capital specialist with a long history of supporting SMEs throughout Australia and New Zealand.