furniture business

requirement

$115,000

facility

Line of Credit

client background

A well-established furniture business retailer with an annual turnover of $1.5 Million specialising in high-quality wood and timber. The business sells furniture in-store and online. They wanted to expand their range and have more stock to meet the increasing customer demand.

client challenge

They wanted to offer more range on their website but they didn't have the cash flow to make larger orders. Besides, they didn't want to keep their customers waiting for their orders.

moneytech's solution

Moneytech provided a Line of Credit Facility for the business to enable them to purchase stock from domestic and international suppliers with an FX platform. This helped the client not only to order new stock and increase their product offerings but also to deliver to their customers on time.

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