THE WOODEN HANGAR
Working Capital Facility
Whether you want to invest more funds into marketing, procure inventory or just require some funds to settle outstanding invoices, this is the perfect facility. This unsecured ‘cash’ is paid directly into your account. The setup process is simple and managed by our partner company ‘Matias Group’ who can have you setup within two days.
Line Of Credit Up To $150,000
No Repayments For 6 Weeks
No Establishment Fees
Funds Within 2 Days
*To approved applicants only
Our lease was coming to an end. We wanted to expand into a bigger space but didn't have the capital to comfortably transition. With this facility we were able to pay for our new store's fit out as well as more stock to fill the bigger shop front.
The retail industry is tough. I found myself feeling overwhelmed with invoices whilst still trying to manage the store. With this facility, I was able to consolidate my outstanding invoices and focus on driving sales in store. Now that I am on top of my invoices I am able to pay within 7 days and qualify for discounts on my future invoices. This facility has breathed life into my business at a time where the retail industry is at a low.
We found ourselves wanting to develop our online presence with an e-commerce store but not having the capital to develop the site. With this facility we had funds in our trading account within 3 days to pay for our new website and photoshoot to upload product photos.
Our lending partner will call you for a quick chat to see if you have any questions. Then, if you're comfortable to proceed, you will be guided through the application.
6 months business bank statements
For loans over $150K, you'll also need some basic financial statements.