Each year hundreds — if not thousands — of business owners and consumers find themselves in financial jams. Joseph was one of those individuals. His agricultural business needed cash fast in order to maximise future profits and still have working capital to make payroll during his off-season. Joseph was concerned he would have to liquidate precious assets to pay his people, which would put his business in serious jeopardy. The banks were unwilling to help Joseph because of his fluctuating, seasonal income, but Joseph needed funds — and fast.
Joseph didn’t need a large commercial loan; he just needed enough cash to get through the seasonal downtime. Like most agricultural businesses, Joseph knew that the down season lowered his cash reserves, but he needed enough equipment and supplies on hand to get ready for peak season. Since his cash flow problems were only temporary, a short-term loan was all Joseph needed to get by and keep his business running.
Australian Lending Centre approved Joseph for a $25,000 short-term loan and the funds arrived within 72 hours. The short-term loan was perfect for Joseph and his business and he was able to repay the loan on-time. Now, when Joseph suffers from cash flow shortage, he turns to Australian Lending Centre for all of his loan needs.
Find out about other case studies.
Case Studies
