Case Study: Outdoor Nursery
March 2, 2022
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Case Study: Online Meal Kit Provider

Small Business Loan: Online Meal Kit Provider

Total Loan: $1,500,000

Monthly Turnover: $3,333,333

Purpose: Working capital for expansion

 

Comments:

Business creates custom online meal subscriptions for a healthier lifestyle.

Have recently expanded operations to sell their product via major supermarkets. Due to rapid growth, the business has acquired a new warehousing facility to offer an expanded range.

The business had already put $3m into the new warehouse, but needed the extra working capital for additional expansions.

$1,500,000 was provided across multiple entities within 4 days of application approval.  

 

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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