Search
  • Aria Actual

Business Loan - Case Study 1

Updated: May 24

We recently worked with a seafood retailer from QLD to expand their product range, The business has recently signed a 2 year contract with an established restaurant in Brisbane, and require funding to purchase large quantity of product at a whole sale price.

Industry type - Retailer

Time in business -1 years

Use of funds - Expand product range

Loan type - Small Business Loan

Loan amount - $39,000

Loan Term - 12 months

Verification document required

  • Last 30 Days bank statement

  • Copy of the 2 years supply contract

  • Up to date P&L statement and Balance sheet summary

  • Company tax return

  • Cash flow projection

While most hospitality business was greatly impacted to due Covid-19 restriction, the client was able to show strong financial position, The up to date P&L statement is showing net profit and was verified with the reported company tax return, Accountant Cash flow projection shows increased annual turn over as a result of the supply contract, the business also has low Debt to Equity ratio.

The application was approved, and the fund was provided in 48 Hour.

Good vibe.

2 views0 comments

Recent Posts

See All

We recently worked with a carpenter from NSW The business has experienced high work volume and demand for service went over the roof, unfortunately due to supply chain restriction and limited raw mat

First Home Owner Grant The First Homeowner Grant is a state government initiative to help first home owners to get their new first home sooner. The grant amount has varied since it was first introduce

Each lender will adopt different policy for a construction loan, the following information is a general outline for most lender, please consult your broker whether this is the right loan for you befor