Latest News

April 11, 2023

Case Study: Dentist

Small Business Loan: Event Manager Total Loan: $80,000 Monthly Turnover: $200,000 Purpose: New Equipment   Comments: Running a successful dental practice is all about appearances – you need to keep your patients’ smiles perfect while also having the latest equipment for your practice. When this dentist needed a loan for new equipment they went straight for a quick and easy unsecured business loan rather than go through all of the hassles of applying for funding through their bank. They were able to get an answer […]
March 14, 2023

Case Study: Event Manager

Small Business Loan: Event Manager Total Loan: $90,000 Monthly Turnover: $50,000 Purpose: Business overheads   Comments: This event business was in the middle of its peak period and needed some funding to help with overheads. After workshopping the deal, the client was happy to accept an offer giving them access to $50,000 within one day and without the tedious documentation required by the banks.     Why Xpress Business Loans? We understand business owners are passionate about their business which is why we look beyond just […]
February 17, 2023

Finance tips to support small business growth

Two finance formulas to use when managing small business cash flow – one to calculate working capital and another your cash conversion cycle. As the new year begins, Australian small businesses are making plans to grow. In fact, 85 per cent of business owners anticipate growth over the next 12 months.* The top three anticipated sources of growth are new clients or customers from referrals; more business from existing clients and customers; and new products or services. This focus on their business’s growth – and the […]
February 7, 2023

Case Study: Solar Installation

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 […]
January 11, 2023

Case Study: Ecommerce Swimwear

Small Business Loan: Ecommerce Swimwear Brand Total Loan: $700,000 Monthly Turnover: $1,00,000 Purpose: Working capital for expansion   Comments: Family business with a passion for driving body positivity and inclusiveness within the swimwear industry. Grown from a small local business to having dedicated design, marketing and warehouse teams – additional funds now required for further expansion. Working capital of $700,000 was provided so they could move to a bigger warehouse and purchase more inventory, allowing them to expand into the US market and execute their […]
December 14, 2022

Case Study: Agricultural Product Wholesaler

Small Business Loan: Agricultural Product Wholesaler Total Loan: $100,000 Monthly Turnover: $150,000 Purpose: Purchase Inventory   Comments: Client hit a roadblock after being turned away for a bank business loan on the basis of not having asset security. This busy agricultural product wholesaler was able to get the deal set with an unsecured business loan – no putting up the farm! The loan was approved and funded within 24 hours with just 6 months of bank statements being provided.     Why Xpress Business Loans? We […]
November 17, 2022

Case Study: Food Services

Small Business Loan: Food Services Total Loan: $20,000 Monthly Turnover: $125,000 Purpose: Purchase stock   Comments: This Melbourne based specialty coffee and quality food services provider required quick funds to purchase and secure green beans for roasting before a scheduled price hike. They roast their own coffee beans, selling online and wholesale. They also export to South Korea and China. As green coffee bean prices are consistently rising with supply chain issues and inflation, this business wanted to pre-purchase stock before a scheduled price hike. After […]
November 9, 2022

Case Study: Construction Industry

Small Business Loan: Construction Industry Total Loan: $400,000 Monthly Turnover: $600,000 Purpose: Cash Flow   Comments: Client was in need of a $400,000 loan, for urgent cash flow needs. They were after a hassle-free, low doc loan provider but found the other unsecured business lenders wouldn’t lend enough and the banks wanted too much info and took too long to assess application. We managed to get them funded in just 3 hours thanks to our simple online application process – no hassle or paperwork required! […]
October 13, 2022

Case Study: Wholesale Trade

Small Business Loan: Wholesale Trade Total Loan: $500,000 Monthly Turnover: $562,500 Purpose: Working Capital   Comments: Business imports, distributes and manufactures various grocery items from Southeast Asian countries. They supply to Coles and Woolworths, as well as having exclusive distribution rights to sell a variety of products. This business needed general working capital to expand by opening new warehouses in other states around Australia. This would allow them to save on significant transport costs involved in getting goods to their established markets interstate. A small […]
September 22, 2022

Case Study: Online Retail

Small Business Loan: Online Retail Total Loan: $35,000 Monthly Turnover: $35,000 Purpose: Paying for inventory   Comments: Having enough stock in the lead up to the silly season is essential for a small business. This online retailer needed to secure a new range for the Christmas shopping rush. Where some lenders take weeks, we got them from application to funding within 24 hours.   Why Xpress Business Loans? We understand business owners are passionate about their business which is why we look beyond just ticking […]