Industry: Pre mixed beverages
Facility Limit: $50,000
This client manufactures and wholesales pre-mix beverages to a range of Australia’s leading liquor retailers. They were self-funded from the early stages of their business lifecycle, but as they approached the growth phase they realised they needed additional funding which was flexible and scalable.
Our client made a direct enquiry with us at Scottish Pacific to establish a Debtor Finance facility which would provide a flexible line of credit of up to 80% against the business’ debtors. After understanding the nature of their business, we also recommended a domestic Tradeline facility. Together, both these facilities provide our client with additional working capital as well as providing funding to purchase local ingredients upfront whilst preserving their cashflow.