Case Study: Wholesale Trade

Small Business Loan: Wholesale Trade

Total Loan: $500,000

Monthly Turnover: $562,500

Purpose: Working Capital

 

Comments:

Business imports, distributes and manufactures various grocery items from Southeast Asian countries.

They supply to Coles and Woolworths, as well as having exclusive distribution rights to sell a variety of products.

This business needed general working capital to expand by opening new warehouses in other states around Australia. This would allow them to save on significant transport costs involved in getting goods to their established markets interstate.

A small business loan of $500,000 over a 24-month period was provided within 3 days.  

 

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