FactorONE Real Deals

Industry:
Furniture Factorone-suiteDeal

Facility Limit:
$400K

Background:
This manufacturer of lounge suites produces furniture exclusively for one of Australia’s most prominent retailers. A steady increase in demand since establishment in 2004 has led to higher turnover for the organisation and, as a consequence, increased pressure on supplier credit terms. The owners required a cashflow solution to enable them to maintain production seven days a week and manage their customer’s extended payment terms.

A FactorONE factoring facility has ensured that the organisation is able to pay its suppliers on time, accept all new orders and produce goods to demanding schedules. Production has never been stronger and neither has the business’ cash position.

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Client Benefits

• Free up the family home
• Improve business cashflow
• Non-Bank funding source
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Contact Us

Phone: 1300 322 867
Head Office: Level 18, 10 Eagle St
Brisbane Qld 4000