Melbourne Sports Technology retailer (& ecommerce), in business for 8 years, with an average monthly turnover of $95,000.
$80,000, to employ and onboard new team members without impacting their working capital reserve.
GetCapital provided the client with an $82,000 Flexible Term Loan, to be repaid over 7 months. The client will also have the opportunity to redraw after 15 weeks, if they require additional funds.
The client contacted GetCapital on Tuesday, submitted the application the same day, and received the funds directly to their business banking account on Thursday.
GetCapital are a leading non-banking lender, specialising in commercial finance and business loans for Australian SMEs. Since 2013, GetCapital have helped thousands of Australian SMEs with Flexible, Fair and Fast Working Capital and Commercial finance solutions, lending over $100,000,000 to Australian Small Businesses.
To find out more about GetCapital and our commercial finance solutions, call us on 1300 249 649, or visit us online at www.shift.com.au
Shift is finance on demand for business. Enabled by streaming data, Shift provides credit and payments platforms that help businesses trade, pay and access funds. As one of Australia’s fastest-growing technology companies.
Shift is changing the way businesses access finance. Shift has been recognised by AFR’s Fast 100, Deloitte’s Technology Fast50, Smart Company’s Smart50 and Deloitte’s Asia Pacific Technology Fast 500.