Working Capital
A short-term loan offering business finance to cover everyday operational expenses such as, payroll, rent, or outstanding invoices.
ASCF can provide working capital loans to anyone from single operators under an ABN to directors of a Pty Ltd Company.
ASCF’s working capital loans can assist new businesses in their early growth phases or established businesses seeking to increase inventory, launch a new marketing campaign, or restructure their existing financing.
Whether you need to bridge an immediate cash flow gap or secure a longer-term facility, we can structure a loan to suit your operational cycle.
Below is an example of how ASCF assisted a previous borrower with a working capital loan:
What is a Working Capital?
Benefit Title
Benefit Description
Case Study
ASCF provided urgent funding to help a client secure a commercial land purchase off the plan, ensuring they met their settlement deadline despite facing approval delays.
Exit
The customer’s proposed exit was via the sale of the lots.
Solution
Our trusted panel valuer provided a valuation within 2 days and confirmed an uplift in value of $705,000 over the purchase price. Accordingly, we provided $1.818m in funding at a 60% LVR for a 6-month period to allow the customer time for the development approval to come through and the lots to be sold.
Problem
An accountant in Melbourne, Victoria, was introduced to us via our valued broker network, seeking funding to complete the purchase of a commercial block of land. An off-the-plan contract was signed 18 months prior, and with the settlement date fast approaching, the customer needed urgent funding to complete the settlement. Development approval had been lodged with the council to subdivide the property; however, approval had not yet been granted.