Funding Story: Plastic Importer

Video Transcript

Another one of our clients is an importer of plastics that they then recycle and then make available to buyers in Australia. They were with another financier who was giving them a small trade facility but wouldn’t increase the limit or didn’t have the capacity to increase the limit so they came to us and we were able to put in place a higher limit with better payment terms for him, so he could then pay us back on a 120 day payment term, after we paid his suppliers for him which allowed him to grow his business.

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