Industry: Shed wholesaler and manufacturer
Facility Limit: $75,000
Our client wholesales and manufactures backyard garages, barns, commercial and industrial sheds, mining and farming sheds, cyclone rated structures, aircraft hangers, hay storage facilities and arenas. Having self-funded the business and their imports to date, recently they started sourcing a specific line domestically. Unfortunately, the supplier required payment upfront and declined terms of trade.
The client approached their accountant for assistance who then referred them onto us. A Tradeline facility was set up to help the client gain more purchasing power and have more control of their working capital. We also assisted with liaising with their supplier to negotiate a payment process that was suitable for all parties.