An inner suburban accounting firm wanted to expand their business by opening a new office and diversify their service offering.  Funds were required to complete an office fit out and to recruit staff.

Instead of utilising funds from the existing business placing a strain on cash flow the customer contacted SME Finance Group who were able to arrange the funding without the need for additional collateral as security. 

The transaction was completed with the funder using new technology to evaluate the financial position of the business.  This negated the need for the customer to provide financial statements and other documentation which can often result in delays in the process. 

The customer had the funds available for use within 48 hours allowing them to fast track the opening of their new office.