GetCapital & businessloans.com.au Broker Loan of the Week
On Monday. the team at GetCapital & businessloans.com.au were contacted by a Commercial Finance Broker in Sydney, who was looking for a working capital solution for their client, an Eastern Suburbs Cafe and Coffee Roaster.
The Cafe owner had reached out to their Finance Broker to assist them with finding a short-term working capital solution that would enable them to take advantage of acquiring a second retail location, at a discounted rate.
With this information firmly in hand, the Broker worked with GetCapital to arrange a Flexible Term Loan that was best suited to the client’s requirements:
Sydney Cafe and Coffee Roaster, in business for 7 years, with an average monthly turnover of $140,000.
What the Client needed:
$100,000 to complete the purchase and fit-out of a new retail location, in Sydney’s Eastern Suburbs.
How GetCapital and businessloans.com.au helped:
businessloans.com.au provided the client with a $100,000 Flexible Term Loan, to be repaid over 12 months. The client will also have the opportunity to redraw after 15 weeks, if they require additional funds.
How long did it take?
The Broker contacted GetCapital on Monday, submitted the application on Tuesday, and the client had the loan funds deposited into their business banking account by Thursday, of the same week.
GetCapital are a leading non-banking lender, specialising in commercial finance and business loans for Australian SMEs. Since 2013, GetCapital have helped thousands of Australian SMEs with Flexible, Fair and Fast Working Capital and Commercial finance solutions, lending over $100,000,000 to Australian Small Businesses.
To find out how easy it is to refer a client to GetCapital for commercial finance, call us on 1300 249 649, or email our Partners team – firstname.lastname@example.org.