The client had been generating approximately $14 million in annual revenue consistently for the past six years and was now seeking funding to support the business’s expansion into a new market.

However, after approaching traditional banks, the best offer they received was an overdraft facility of just $45K—a figure that was far from sufficient to meet the scale of their growth plans.

Unsatisfied with this outcome, the client reached out to our team at New Money Finance to explore better financing options. After evaluating the client's needs and the potential of the business, we were able to present two more suitable funding solutions.

The first was a business loan in the form of a lump sum of $3 million, providing the capital needed to fuel rapid growth. The second option was a $1.8 million line of credit, offering greater flexibility by allowing the client to access funds as needed and only pay interest on the amount drawn.

After considering both options, the client chose the line of credit. This gave them the ability to access funds when required while minimising costs, as they would only pay interest on the outstanding balance rather than the full loan amount.

If your business is facing cash flow challenges or gearing up for growth, contact our team today at New Money Finance. We'll help you secure the best possible deal to keep your business moving forward.

A client recently reached out to us, expressing that they were "in a bit of trouble" and needed help "getting back on track."

The client had faced financial difficulties after one of their major customers went into liquidation, which led to their inability to meet supplier debt obligations.

This resulted in a default being listed on their credit file, severely impacting their ability to secure funding through traditional bank channels.This unexpected financial strain put significant pressure on their business operations, leaving them in a challenging position.

After a thorough assessment of their situation, we explored alternative financing options and were able to initiate a capital raise by leveraging their business assets. Working closely with the credit team, we were able to satisfy all the necessary requirements and successfully obtain approval for the funding.

As a result, we secured $150K for the client, enabling them to stabilise their business and regain financial control. It’s important to note that, in this situation, we had the capacity to secure up to $500K, offering them flexibility for future financial needs.

If your business is in need of funding to get back on track, don't hesitate to contact us today. We're here to help you find the right solution.

This client was facing cash flow challenges in her business, as she needed to pay her staff on a weekly basis, while her clients only made payments at the end of each month.

Although her business was generating a steady $50,000 in revenue each month, this timing mismatch between income and expenses created a strain on her cash flow.

She was looking for a solution but was clear that she didn’t want to use her property or personal assets as collateral to secure the necessary funds. After reviewing her situation and discussing her needs, our team worked with her to offer two tailored financing options.

The first was a flexible line of credit up to $200,000, allowing her to draw funds as needed to cover operating expenses like payroll. The second option was a standard business loan of $300,000, providing a larger lump sum for long-term financial support.

After careful consideration, the client decided to move forward with the line of credit, as it gave her the flexibility to access funds when necessary, without taking on more debt than she needed.

If your business could benefit from a similar financing solution, contact our team today and let us help you find the right option for your needs.