food processor & wholesaler

requirement

$5,500,000

facility

Multi-Faceted Asset Based Lending Solution

client background

A commercial finance broker was seeking a commercial financier who could provide several debt facilities to enable his client to capitalise the business and provide long term working capital assistance.

client challenge

Unlock equity from the balance sheet for capital injection, providing flexibility across the range of products so that the business can move forward with on a long term basis.

moneytech's solution

Moneytech stepped up to the Asset Based Lending request and provided a multi-faceted solution including: to unlock equity for capital injection purposes a Term Debt secured against the commercial premises which had low gearing; a Equipment Finance solution to not only raise capital against existing Plant Equipment but also to assist with new acquisitions,and; to provide working capital support a Confidential Invoice Finance (advancing at 95% of Invoice values) to fund against the current receivable book and provide the ongoing working capital support required, and; Trade Finance (advancing 100% of supplier invoices) for funding assistance with both local and overseas suppliers.

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furniture business

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