1 August 2020
The Brokerage was engaged by a new client to finance the purchase of several pieces of earth moving equipment totaling $820,000.
The Brokerage engaged the market and found a better structure & pricing alternative from their existing bank relationship.
In addition to the approval, The Brokerage proactively sought a revolving limit of $1,500,000 for future equipment acquisitions to meet the needs of their capital expenditure program over the coming 12 months.
This pre-approved limit gives our client cash flow certainty and the ability to purchase goods within 48 hours of providing a tax invoice.