Flexible Invoice Finance and Trade Finance solution for a Wholesaler

An Australian wholesale business grabbed hold of Earlypay Invoice Financing and Trade Finance as a way to bridge the cash flow gap and fund growth. 

Challenge

Having experienced significant growth in demand, the business was looking to increase their finance limit with their bank in order to fund the purchase of supplies to meet the extra demand. However, their bank was unwilling to help. 

Solution

With no other way of funding the increase in their supply order, the company approached Earlypay for help with working capital. We provided a solution that was tailored to the business needs, enabling the business to take on the extra contracts. 

Invoice Finance. This assisted daily cash flow management by injecting liquidity supported by sales, with funding growing alongside sales volume.

Trade Finance. Trade Finance removed payment burdens to both domestic and international suppliers for up to 180 days, meaning they could order and pay for supplies upfront to meet the increase in demand.

Outcome

Our Invoice and Trade Finance facilities grow in line with the business, which gave the wholesaler the peace of mind that he’ll always have cash flow when he needs it and the confidence to say “yes” to more opportunities. With cash flow and working capital optimised, they were able to continue with their business growth.