Industry: Fire protection equipment
Facility Limit: $100,000 USD
Our client is an importer of fire protection equipment from China. The business was funded by a major bank facility which also supported their working capital. The business required additional funding assistance during peak periods to assist with their overseas purchases because their facility (secured by the Director’s real estate) was starting to become restrictive. Additionally, they did not want to be tied down to the long term commitment offered by most traditional facilities and also wanted to reduce the personal risks associated with personal property security.
The client was aware of Scottish Pacific Tradeline from their other business interests and enquired directly about a solution. Our team proposed Tradeline as a solution and tailor the product to suit the business requirements. Additionally, our office in Guangzhou was a point of difference, being able tocrossing cultural boundaries and liaise with the client’s suppliers directly in China. Our client has been satisfied with our flexibility and speed of service in boosting their buying power.