$600k equipment and soft costs financed
Our client is a food wholesaler who had built annual revenue to nearly $20M using contract manufacturers for the production of their food lines. Whilst some business owners have been experiencing difficulties with their premises, this business found an opportunity to take up a factory that was ideal for their own manufacturing needs. The accounting analysis showed bringing their manufacturing in house represented a potential $2.5M year on year improvement to the bottom line.
Through one product we were able to fund a range of equipment from multiple suppliers as well as the soft costs of lighting, electrical, plumbing and design work. Without any deposits required the loan was approved within days of application and the invoices paid within a week.
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