client background

A well-established automotive body builder business with 10+ years of experience, a strong local presence with a desire to generate even more revenue growth and further develop their ambitions to win more customer contracts.

client challenge

The client contacted Moneytech having already explored Debtor Finance with another funder who had promised to provide adequate funding to suit their businesses growth, but was unable to deliver the facility after weeks of promises. Given the time wasted on prior applications, the client was in need of a very fast turnaround.

moneytech's solution

Moneytech stepped in to provide the client with a Confidential Debtor Finance Facility with superior invoice advanced rates and debtor concentration limits. This along with our industry leading customer service and ongoing after sales support will ensure that the company continues its already impressive growth. The required additional working capital will aid this business in achieving their goal of winning more contracts. This facility will also ensure that their business operations are comfortably expanded well beyond their current capacity.