Our client is a growing small business based in Victoria. They import and supply Australian retailers with a range of home décor and bedding. The director of the business saw plenty of opportunities to expand.
The business had funding in place with a financier. However, this was not proving to be sufficiently flexible to meet their growth plans or smooth out occasional import issues that strained the business’ cash flow.
Earlypay stepped in to provide the client with an Invoice Finance Facility, giving the business access to 90% of their outstanding invoices and providing the director the peace of mind in being able to pursue growth opportunities.