The industry: Transport Operator
We welcomed our latest client in QLD, a single truck operator servicing the construction industry, specifically earth moving and tipper services.
After experiencing a downturn in the construction industry, the business was under immense pressure to stay afloat. Hence, the owner decided to look at saving his business and ultimately needed to broaden his client base and move into the general freight industry.
Like most fast-growing businesses working capital became a real issue with no banks willing to offer funding, it was Australian Invoice Finance that was quick to offer their support to this fast-growing SME business.
Within 48 hours the client had funds in his bank account and 2 weeks later he had paid a deposit on another truck to support his current client base. The client now has the confidence to further expand his business with the support of the right financial partner.