Our clients are putting loan funds to good use

19 Sep, 2016 | Expand & grow

Our new Trade Finance is generating a lot of interest. Contact us to see how you can finance your supplier payments. In the meantime, here’s some information on recent loans and how are clients are using their loan funds to grow their business. LOAN #1 A $225,000 loan for an IT business in Victoria. Our Client had the opportunity to expand his current business significantly by purchasing another business and had to move fast to close the deal. The GetCapital loan was used to pay part of the up front amount of the acquisition. We are happy we could support the client in a complex transaction and in a tight time frame. GetCapital is funding SMEs for growth.

A $100,000 facility for a large multi store retailer in Victoria. The approved GetCapital facility will sit along side a bank trade finance facility and provide the client with additional working capital to purchase additional stock from overseas. The client wanted to access finance without going through a full bank process and didn’t not want to provide additional property security. We are pleased to be able to provide a solution that met both these requirements.