education & technology solutions provider

requirement

$1,250,000 Debtor Finance & $300,000 Trade Finance

facility

$1,250,000 Debtor Finance & $300,000 Trade Finance

client background

A well-established Education Solutions provider that delivers cutting-edge education and technology solutions to educational institutes in Australia.

client challenge

The business was facing a temporary reduction in sales due to the impacts of COVID-19. Their existing lender had removed their Trade Facility, which impacted their ability to pay their key overseas supplier on time. Supply chain issues were also a concern due to stock interruptions and delayed shipping times.

moneytech's solution

Our 1.25m Debtor Finance Facility replaced their existing facility and the 300K Trade Finance Facility helped the customer to pay their key supplies on time and fulfil orders.

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