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Mining and Quarrying Equipment and Supplies
Annual Sales
$6.5 million
Why Debtor Finance?
Directors did not have sufficient real estate equity to source traditional bank products. Debtor Finance provided a flexible funding source leveraged off the clients debtors.
Why Scottish Pacific?
The clients Bank was no longer supportive after the business accrued tax arrears. Scottish Pacific was able to approve a cash-flow facility to meet accelerated growth.
Facility Size
$1,500,000
Source
Finance Broker |