Case Study: Medical Industry

Small Business Loan: Medical Industry

Total Loan: $100,000

Monthly Turnover: $250,000

Purpose: Cash flow injection to hire additional staff

Comments:

Client with a handful of medical clinics required $100,000 to support cash flow and hire additional staff for their business.

Even though their business was turning over approx. $250,000 per month they did not have any luck securing a traditional bank business loan as one of the directors was a previously discharged bankrupt and the client did not want to use their property as security for the loan. The loan was approved and funded in 24 hours!  

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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