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.  

 

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