Industry: Data security and communication
Facility Size: $200,000 USD
This client is a wholesale supplier of data cable and accessories which had an opportunity to purchase a major competitor which would given them direct access to import from Chinese distributors at a lower price than through local Australian distributors which they had been using for 7 years.
However their cash flow was constrained as a result of growth and longer product transit times. The client contacted Tradeline direct and Tradeline approved a $200,000 USD facility which allowed them to order and hold more stock to satisfy demand and sustain growth. The pressure of increased transit times was also relieved which allowed the business to focus on growing their sales.