Small Business Loan: Solar Installation

Total Loan: $1,000,000

Monthly Turnover: $1,600,000

Purpose: Working capital

 

Comments:

Solar installation business which was founded in 2017 has grown from a team of 1 to 54 staff including 9 sales team members.

Client needed working capital to acquire $400k of stock, $300k for marketing and $300k for fit out and new work vehicles.

A $1m 12-month working capital loan was provided within 6 days to help the business continue moving forward.  

 

Why Xpress Business Loans?

We understand business owners are passionate about their business which is why we look beyond just ticking boxes.

All our lender partners have an open-minded approach to credit and when assessing applications look for ways to approve deals, not decline them.

For more details and to apply click here  

 

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