Case Study: $50k Overdraft for a Logistics Business
(this non-bank overdraft still has no establishment fees)
Seeing an opportunity to expand their market, our client came to use seeking a working capital solution to support their growth strategy.
Noting they had a small amount of tax debt and were looking for a solution that could be implemented quickly we turned to a non-bank solution that can sit behind a bank overdraft or other line of credit facilities like invoice finance.
With no establishment fees and interest only charged on funds in use, our client felt it was an easy decision to move forward with our recommendation.
The application process was done in minutes with no document requirements and approval was granted almost immediately.
Growth strategy funded!