60 second case study: Credit limit increase for a wholesale business turning over $1.5M.
After being knocked back on a limit increase from their current debtor finance provider, our customer approached us for assistance.
Having experienced a 20% increase in revenue under the current market conditions our client, a wholesaler supplying national retailers, was seeking a modest increase in their debtor finance limit to assist them through this growth period.
Upon reviewing their business results and existing facility we found that in addition to being able to justify an increase a limit we were able to negotiate lower management fees and interest rate costs. In this way the business owner should recognise more profit on the bottom line in addition to having more cashflow support when needed.
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