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January 21, 2022

Case Study: Furniture Retailer

Small Business Loan: Furniture Retailer Total Loan: $150,000 Monthly Turnover: $100,000 Purpose: Purchase stock   Comments: Furniture retailers are anticipating a surge in demand from customers reallocating holiday funds to home reno jobs. This furniture retailer needed finance to purchase extra stock. While they’d already been approved for finance elsewhere, our offer came with all the right furnishings, including no early repayment fees.     Why Xpress Business Loans? We understand business owners are passionate about their business which is why we look beyond just […]
January 11, 2022

Case Study: Manufacturing Industry

Small Business Loan: Manufacturing Total Loan: $1,000,000 Monthly Turnover: $6,000,000 Purpose: Purchase equipment and working capital   Comments: Clients required funds to purchase a range of assets, and cover working capital requirements during the January/February peak period. Client manufactures an extensive range of pharmaceutical, cosmetic, and functional food products. The business is a standalone and is poised for growth in the new world wellness market verticals. The deal was approved Christmas eve, with funding being disbursed the next available business day. $1,000,000 was provided across […]
December 15, 2021

Case Study: Service Station

Small Business Loan: Fuel Retailer Total Loan: $100,000 Monthly Turnover: $85,000 Purpose: Upgrade service station and cafe   Comments: Client required general funding for upgrades to service station and cafe decor. Client operates a multi-service offering business in regional NSW. The mixed business is a service station, truck stop and cafe. They are also an agribusiness retailer that supplies the local farm industry. Client was able to get a quick 1 day turnaround due to the improved performance and well-presented financials of the business. $100,000 […]
November 26, 2021

Case Study: Restaurant Business

Small Business Loan: Restaurant Business Total Loan: $60,000 Monthly Turnover: $1,700,000 Purpose: Purchase stock for upcoming jobs   Comments: At the start of the pandemic, this restaurateur expanded quickly into takeaway and meal delivery, even delivering entire set menus, to make up for the shortfall from having had to close their doors. While they had a lot on their plate, they also wanted the option to take on more so when the lease residuals on their kitchen equipment fell due, they decided to apply for […]
November 26, 2021

Case Study: Concreting Business

Small Business Loan: Concreting Business Total Loan: $80,000 Monthly Turnover: $300,000 Purpose: Cash flow for materials and equipment   Comments: Well-established Victorian concreting business had just signed multiple new jobs but urgently needed to pay for materials and equipment upfront to the tune of $80k. They had an existing loan facility in place however there was no flexibility for additional funding. After workshopping the deal, the client was happy to accept an offer giving them access to $80,000 within one day and without the tedious […]
November 15, 2021

Case Study: Construction Services

Small Business Loan: Construction Services Total Loan: $150,000 Monthly Turnover: $200,000 Purpose: Complete projects and expand business   Comments: Experienced builder with a great business had a default listed against their business at the height of COVID while trying to negotiate terms with one of their suppliers. The default reduced their credit score immediately leaving them unable to access funding through other lenders. The client needed $150,000 for some working capital and to pay the supplier in order to have the default removed their credit […]
November 11, 2021

Case Study: Carpentry Services

Small Business Loan: Carpentry Services Total Loan: $100,000 Monthly Turnover: $315,000 Purpose: Cash flow for equipment and wages   Comments: Around 10 per cent of business loans approved are for construction businesses and trades such as sparkies, brickies, chippies, painters and more. This established carpentry business was on a payment plan with the ATO and needed funds for expansion but didn’t want to dip in to their cash buffer. Between smokos, and in just four hours, they were able to get their loan application approved. […]
October 26, 2021

Case Study: Commercial Painter

Small Business Loan: Commercial Painter Total Loan: $200,000 Monthly Turnover: $400,000 Purpose: Purchase of new commercial contracts and working capital for materials   Comments: Experienced commercial painter needed to access funds quickly and without the hassle of lengthy paper work. They were turning over $400,000 per month and were able to borrow $200,000 to assist with working capital and inventory purchases, all within 3 hours.   Why Xpress Business Loans? We understand business owners are passionate about their business which is why we look beyond […]
October 13, 2021

Case Study: Lighting Industry

Small Business Loan: Lighting Industry Total Loan: $1,500,000 Monthly Turnover: $1,200,000 Purpose: Inventory and stock purchases to support exponential growth and large scale projects   Comments: Lighting business with a monthly turnover of $1.2 million dollars needed to purchase stock in bulk and support their ongoing projects. Their only requirement was a funding solution that was tailor-made for them. The result – they were able to get a total of $1.5 million, over 4 separate loans, giving them the flexibility to use the funds as […]
August 24, 2021

Case Study: Logistics Industry

Small Business Loan: Transportation & Logistics Industry Total Loan: $450,000 Monthly Turnover: $5,000,000 Purpose: Cash flow injection to expand transport fleet   Comments: Transportation and logistics business turning over approximately $5mil per month required an urgent cash flow injection to expand their fleet. Their loan of $450,000 was approved and funded on the same day.     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 […]