Flexibility is the key issue for any business, no matter how long established.
Very often we can offer more flexibility than your bank with very favourable rates and terms.
A Private Health Clinic was growing rapidly and needed to fund some new medical equipment. The equipment value was equivalent to roughly half of the annual turnover of the business and was of a highly specialised nature. These factors combined with an outstanding overdraft & loan secured when they commenced trading ruled out using their own bankers.
We tailored repayments to reduce the cash flow impact of the new equipment and ensured it was affordable from day one. The client had no need to negotiate with reluctant bankers over increasing existing credit line and no need to re-mortgage his home or take out personal borrowings.