Case Study: Furniture Wholesaler

Small Business Loan: Furniture Wholesaler

Total Loan: $500,000

Monthly Turnover: $250,000

Purpose: Shareholder Buyout

 

Comments:

Operating for 3 years, this quality furniture wholesaler sells a range of furnishings to both direct clients and wholesale customers. With ambitious growth goals and a shift in ownership to buy out minority shareholders, the business sought a tailored lending solution to implement its plan.

The received a customised 24-month working capital loan of $500,000. With a quick turnaround time of just 3 days, the client successfully met the deadline, acquiring 100% of the shares.

 

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