Time in Business: Operating 2.5 years
Client required an additional Mitre Saw which would cut stone on a 45 degree angle
Fast turn around required as business needed this new saw to fulfill orders which had just been placed.
Business recently went through a change in structure so limited financials available.
Approval was obtained for the client within 2 days and loan settled within 4 days allowing the business to fulfil the required orders. We were able to overcome the change in business structure by proving continuity within the business. As a result of the directors being asset backed we were able to get the approval in placed based without the need of financials