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SpotFactor.me helps companies all Australia everyday!
Case Study 01
Manufacturer - Minning Industry Western Australia.
Western Australia A manufacturing company that has a turnover of $550,000 was experiencing an increase on future orders for a product that took extensive developmental resources. The challenge was that the unpaid accounts receivables were increasing, while the cash flow was decreasing. The owner approached his bank for assistance. Unfortunately, they were unable to meet his needs as he did not have enough sufficient assets to increase his limits.
The business approached SpotFactor and within a couple of days he's account was set up and we funded selected invoices he chose. We were able to provide him with 85% of the invoice amojunts. This allowed him to pay his overhead costs and continue with business as usual.
Case Study 02
Manufacturer of Food Storage Bags;
This Company was producing food storage bags for one of the leading logistic companies in Australia. Our client realized that in order to meet the growing demands of their customer, they needed more cash flow. They had previously exhausted all of their traditional finance options in the past. With urgent orders pending, they needed quick access to funds. Our client needed $49000 to help them cover this order.
Solution: SpotFactor was able to offer them $49,000 by purchasing their invoices. This allowed them to purchase the materials that they needed. The entire process took 24 hours. Our client is continuing to grow at an increased rate.
Case Study 03
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