$5M Lending Limit for Qld Based Mining Company
North Qld based Mining Company was seeking funding for $5M so they could fulfill a new supply agreement with a large publicly listed Company.
We put a master limit agreement of $5M in place so that client could purchase multiple assets under one approved lending limit.
Each time client found a suitable asset, they simply sent us an invoice so we could prepare finance documents and settle the deal in a timely manner.
So we can monitor this limit, we undertake an annual audit on the file to keep pace with ongoing or increased borrowing requests from the customer.
KEY POINTS:
Diversified borrowing portfolio
Approved lending limit up to $5M
Short turnaround on settled assets
Annual audits for increased lending
WHY WAIT?
See if you Qualify for Online Pre-Approval up to $500K without affecting your credit score.
