Industry: Heating and cooling systems
Facility Limit: $75,000
Our client is an importer and wholesaler of cutting edge heating and cooling systems sourced from Canada, Germany and China. In order to continue the growth of the business, our client needed an end to end financing solution which could help boost their buying power, whilst also increasing working capital and ensuring reliable, ongoing cash flow.
Tradeline was introduced via our client’s accountant, and we were able to tailor and combine our services to offer them a complete range of solutions to fund their business right through the supply chain.
The Tradeline solution provides payment to our clients’ supplier’s upfront to purchase stock, while then using a debtor finance facility to advance cash against the invoice to repay their trade facility, maximising the working capital available for our client and their buying power.
In addition, our client also took on Bad Debt Protection to protect their business from the risk of customers being unable to pay. This 360 degree cash flow solution now helps our client’s business growth without requiring them to risk property security.