beard grooming products

requirement

$70,000

facility

Line of Credit

client background

Moneytech's new customer is one of Australia’s most recognised beard products brand. The businesses key focus is creating the highest quality beard care and grooming products which are sourced and made in Australia.

client challenge

The business wanted a cash flow facility that better matched its current trade terms with debtors 30-days EOM. In addition, the business recently signed a national level supply agreement, which meant that it required a cash flow facility that would assist their growth.

moneytech's solution

A Line of Credit was quickly structured to cope with the increasing demand of their products while also allowing them to provide better payment terms to their customers.

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services & installations provider

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wholesaling business

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*This information does not take into account your personal objectives, circumstances or needs. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service before deciding whether to purchase them. ABN: 24611393554