Facility Limit: $200K.
This family signage business has spent the past 30 years cultivating a loyal customer base comprised of some of Australia's largest retailers. Having already taken advantage of a Scottish Pacific Debtor Finance facility, the directors were looking at further improving the business' cash position.
They identified that they had too much cash tied up in goods "on the water" as they were having to pay their overseas suppliers before shipment.
Tradeline has enabled them to secure shipments with only a 10% deposit, which has improved their cashflow and increased their purchasing power significantly.