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 they business required it.  

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.

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