guitar boutique

requirement

$65,000

facility

Line Of Credit

client background

A Brisbane based music store specialising in a select range of guitars, amps, effects, and accessories. In addition, they also offer guitar and bass services and repairs, pedalboard planning and setups, and beginner to intermediate lessons in rock, blues, and folk music.

client challenge

The business wanted a cash flow facility that would help them to import new musical instruments and accessories while proving them better trade terms with their debtors.

moneytech's solution

The Line of Credit was quickly structured to cope with the increasing demand of their products while allowing the customer to offset their liquidity risk during the current international supply chain crisis.

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