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 a 24 month period.  

 

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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