CASE STUDY 1

Secured working capital

A professional services company involved in consulting to the engineering sector looking to secure funds to assist with their current working capital requirements. 

Due to a change in payment terms with their major customers, the business was faced with a gap in their working capital cycle. 

As a result, they were provided with a $150,000 overdraft on the SME Government Guarantee Scheme allowing them 6-months repayment free, with interest capitalised.