Rapid growth is one of the main reasons SMEs come to us and that was the case for this latest QLD based Telco Infrastructure Service Provider. The business has been struggling to keep up with demand, so they approached TIM Finance for a cash flow solution. In a short space of time we approved a $350,000 Selective Invoice Finance solution for them to continue with their growth. The team at TIM would like to welcome them to the family. #welcome2TIM
This rapidly growing NSW Wholesale Distribution business was no longer able to meet the demand of having to maintain minimum stock levels for customers, whilst waiting 45+ days for their debtors to pay. TIM Finance has solved their issue by providing them with a $500,000 fully ledger Invoice Finance solution to allow them to continue growing. The team at TIM would like to welcome you to the family (#welcome2TIM) .
For many high growth businesses, there comes a time when the owners realise that in order to keep growing they’ll have to look beyond an overdraft and a non-bank loan. The team and TIM would like to welcome (#welcome2TIM) this IT hardware business to the family, which was referred to us by a broker. The $350,000 invoice finance facility will help the business manage their continued growth and demand for exports.
The team at TIM is delighted to welcome to the family (#welcome2TIM) this high growth New South Wales Baby Products business, that sells its products globally. The business was recommended to us by one of the Big 4 banks when their overdraft wasn’t enough to meet their growing working capital needs. We have provided them with an Invoice Finance and Trade Finance solution, and look forward to supporting their growth plans.
This Repairs & Maintenance business focused on the railway sector has been getting contracts faster than it could be funded out of working capital. A TIM Supply Chain funding solution has solved this by paying suppliers ‘cash on delivery’, obtaining an early settlement discount and then paying TIM 90-days later. This coupled with TIM’s Invoice Finance solution ensures the business receives upfront payments instead of waiting 45-days from its large engineering clients. The team at TIM would like to welcome (#welcome2TIM) the business to the family, who now has the ability to keep growing with a $750,000 facility.
The team at TIM would like to welcome (#welcome2TIM) this medium size cleaning and maintenance business to the family. With a blue chip client base in aged care, industrial, retail and the fitness sector, they needed a funding solution that would grow with the business (>30% YOY growth), in order to meet their growing weekly wages as well as ongoing supply needs. TIM has provided them with an initial $1.0 million fully disclosed Invoice Finance facility, proving that not one of their debtors have frowned upon them for having such a facility, in fact Debtor Finance is seen as a positive by their debtors.
TIM would like to welcome (#welcome2TIM), its newest client. This well-established IT distributor with offices across Australia and Asia Pacific, has thousands of reseller partners as clients. They approached their bank for a loan but were quickly denied due to their inability to provide property even though the business is generating good cash flows. They turned to TIM Finance to establish a significant Invoice Financing solution to immediately release the cash in their debtors ledger. The ability for them to now access cash within 24 hours of issuing invoices instead of waiting 45 days to get paid is allowing them to employ more staff and secure more contracts. Great result for all!
Rapid growth is one of the main reasons businesses come to us. When this Creative Content Agency’s existing Invoice Finance provider could no longer satisfy the needs of this NSW business it turned to TIM Finance and now has a $1.75 million facility in place. We competed against a bank and another Debtor Finance provider for this deal, but our flexible terms proved a winner. The team at TIM welcomes (#welcome2TIM) you to the family.
TIM would like to extend a warm welcome (#welcome2TIM) to this QLD pastoral company which supplies agricultural products i.e. wheat, hay, feed etc to other businesses including Australian government agencies, on contract. They came to TIM as they were struggling to match their supply payments to their customer payments and hence had a cash flow squeeze each month, which was getting worse as they continued to grow their sales. A $500,000 Debtor Finance facility is now allowing them to free up cash whilst still allowing them to offer trade terms to their clients, in order to remain competitive.
How do you purchase extra stock if you’ve outgrown your overdraft facility? The answer for this wholesale business that sells Camper trailers and accessories, was to implement a TIM Supply Chain funding solution. The business negotiated to pay its suppliers ‘cash-on-delivery’, obtaining early settlement discounts, which TIM pays, giving the business up to 120 days to repay TIM. Another fast growing wholesale trade business that’s now able to keep growing with a $250,000 Supply Chain facility. Welcome (#welcome2TIM) to the family.
TIM’s full ledger Invoice Finance solution works for all size businesses and for a multitude of industries. The team at TIM would like to welcome (#welcome2TIM) this national Landscaping firm who now has the ability to keep growing with an initial facility of $300,000 growing to $800,000 for their working capital growth. With the enlarged facility TIM will also be implementing a Supply Chain solution for the client whereby TIM pays their suppliers directly.
This skin-care cosmetics manufacturer based in Victoria, has a customer base that is 100% offshore. Due to the time lag from sale of product to receiving payment they approached TIM for an Invoice Finance solution, as TIM is able to fund against overseas debtors. They used to have a non-bank business loan, but it proved limited against their growth requirements. TIM has provided them with an initial $250,000 facility as they continue to open up sales channels in new countries. TIM welcomes (