10 second Case study: Business finance for smaller business and franchises.

10 second Case study: Business finance for smaller business and franchises.

The subject of our case study was introduced to us by another finance broker whose client had seen one of my posts. They were a franchisee of a well known group. To assist their cashflow while waiting for payment from their clients they had been given an invoice finance facility with a credit limit of $30,000. The interest rate was 0.86% PER WEEK – that’s 44% pa.

It’s true that many lenders have a preferred type and size of business they like to work with but others are more flexible. Discussing the circumstances with one of our lenders they could see the value of being involved with the franchise group and was prepared to offer an interest rate that was less than a quarter of the client’s current rate.

#businesslending #labourhire #wholesale #electriclal #manufacturing #engineering #civil #earthmoving #excavation #transport #freight #logistics #supermarkets #foodandbeverage #cashflow #leadershipmatters #debtorfinance #factoring

More Case Studies

More Articles

March Business Update

Even before Probuild went into administration many in the construction sector were under pressure with business owners seeking access to capital to manage cash flow

Read More »

February Business Update

Our business loan enquiry in January has risen to levels higher than pre covid. Construction Sector Under Pressure The construction industry is under pressure from

Read More »