Industry: Concrete Supplies.
Facility Limit: $250k.
Annual T/over: $740k.
Background:
The owner of this family-owned business has a wealth of industry experience and an established professional network. Backed by some of the top product manufacturers in the business this company is well known for the supply of quality, Australian standard products. Demand for the product has increased substantially, which is very good for the business, but has put a strain on the existing financial arrangements.
A factoring facility is assisting with this prolonged growth - providing the cash flow required to run the business day to day. The directors have peace-of-mind and can now spend more time planning for the future direction
