Done Deal – Wholesale Traders

Austif 'Done Deal' logo showing the Austif logo with the words 'A Done Deal' placed diagonally across it.

The industry: Wholesale Traders

The Australian Invoice Finance team would like to welcome our latest broker introduced client with facility limit of $1M who is involved in the competitive construction trades supply industry. This Perth Based business has expansion plans into the eastern states and requires additional funding to support the expansion.

Their broker recommended Australian Invoice Finance to the Director who was not getting the support of their previous financier but at Australian Invoice Finance we were prepared to be flexible to comfortably support the business and provide the business  with the confidence them fund their growth expectations to keep on top of their cashflow requirements.

 

The Industry:

Wholesale and distribution is one of the industries most suited to invoice finance, as these businesses have large input and inventory costs to deal with while waiting for their clients base to pay.

 

Whats Happening?

The business is requires ongoing working capital to support growth and fund upcoming workflow.  The business is operating profitably but exhausting their working capital and the incumbent financier was unwilling to support regardless of their trading history.

Through the assistance of the broker, the business was given appropriate funding and support to assist the management of this well regarded and ambitious business venture.

Learn more about invoice finance and factoring

Find out more about how AIF can help your business take control of cash flow through an invoice finance or factoring facility.

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