Case Study: Using equipment finance and invoice finance to purchase a business:

Our client came to us looking to purchase a transport business that was complimentary to their existing operation in a nearby area.

The business owner identified the business was undervalued due to current conditions and wanted to secure funding for the acquisition without changing their existing property finance.

The client’s original business had an invoice finance facility – in the event of successful acquisition the facility would need a larger limit to take in the increased revenue after the acquisition is finalised.

After completing valuations of the assets and equipment the value was under what was required. Taking the additional security of the accounts receivable ledger in the invoice finance facility, and a caveat over one of the director’s investment properties we were able to secure an offer well above the values ensuring the acquisition without using any cash reserves.

#businesslending #labourhire #wholesale #manufacturing #engineering #civil #earthmoving #excavation #freight #logistics #supermarkets #foodandbeverage #ATOdebt #transport

More Case Studies

More Posts & Resources

All The Private Loans

Non bank lenders have a range of loan types that many business owners don’t know is available (the choice is endless) Unsecured and secured loansLines

Read More »

Get Finance Fast

Even in normal times of trade there are reasons a business owner could need access to finance fast. How fast you receive your funds in

Read More »