Line of Credit
A well-established Tree and Land Management business providing land clearing services to the government and the mining sector. The business uses highly specialised equipment that needs to be imported and fitted and often times requires servicing and upgrading. This can cause a cash flow strain on the business.
The business was facing cash flow problems managing the supply chain, import and the upgrading of equipment.
Moneytech provided a Line of Credit Facility allowing the business to pay their suppliers and contractors to smooth their cash flow. This allowed the business to focus on growth of the business by taking on profitable contracts knowing they have a facility that gives them up to 120-day repayment terms.