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$6.5m Working Capital Funding

$6.5m Working Capital Funding


$6.5m Working Capital Funding


Private Business


Melbourne VIC

The Challenges

Existing bank capped out their debt capacity at $2.5m and was unwilling to fund growth beyond the value of property security that was provided.

Our Solution

EMK Thomas restructured the business funding by introducing a non bank into a shared security arrangement with the existing major bank using an Inter Creditor Agreement.

Client's Result

Combined Debtor Finance and term funding was achieved, with no loan covenants and a reduced loan amortisation schedule.