SME Blog & News

Success Story – Cash flow loan success in the legal industry

  • Industry: Legal
  • Loan approved: $100,000
  • Loan purpose: Working capital

Recently, SME Finance Group helped a Barrister secure a cash flow loan for $100,000. It was not an easy win as the Barrister’s borrowing entity was not registered for GST, however the larger group was. Plus, the entity received less than $50,000 a month as income. 

Most lenders lend about 80% of applicant's monthly income but in this instance, we were asking for more than double that. After negotiating with a few lenders, SME was able to get the deal done for $100,000. We presented the case in a professional manner and got the desired results for the customer. The client was thrilled as so were we.

CALL US on (03) 8825 8888 to discuss your cash flow requirements or APPLY NOW here.

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