Total Loan: $500,000

Monthly Turnover: $250,000

Purpose: Shareholder Buyout

Comments:

Operating for 3 years, this quality furniture wholesaler sells a range of furnishings to both direct clients and wholesale customers. With ambitious growth goals and a shift in ownership to buy out minority shareholders, the business sought a tailored lending solution to implement its plan.

The received a customised 24-month working capital loan of $500,000. With a quick turnaround time of just 3 days, the client successfully met the deadline, acquiring 100% of the shares.

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