Transport and Haulage Integrated Finance
Savings of $240 p/a by refinancing using Integrated Finance
An experienced haulage company operating a fleet of prime movers and extendable trailers was experiencing cash flow pressure due to a sizable tax debt, that was under arrangement. With existing finance on several late model trailers coming to an end, the company was looking for a refinancing solution to increase servicing efficiency.
- Integrated facility (Confidential Debtor Finance with Sale-back)
- 85% advance rate on invoices
- Funds raised from sale-back of assets used to repay ATO debt
- Solution resulted in a reduction of approximately $20K p/m or $240 p/a