Industry: Craft products
Facility Limit: $150,000 USD
Our client operates in the craft products industry and supplies to a well-known number of craft retailers within Australia. The business had to diversify due to the unstable market of the US economy, and this resulted in a significant growth of the business. However, it also increased the pressure on cash flow.
A Tradeline facility was put in place to help manage the cashflow problems and release more funding for the business. This solution has allowed our client to have greater control of their working capital, and have access to funds to allow them to further boost their buying power in order to increase sales and keep growing.