An engineering business had accumulated a $1,050,000 tax debt as a result of rapid growth in the civil infrastructure sector. This became a problem when the client needed to show equipment lenders a clear portal for further equipment purchases that needed financing. Hermes reviewed the client’s debtors as well as their other available assets, including a number of unencumbered heavy equipment items and some property with second mortgage equity.read more
It is not uncommon for many successful business owners, at some stage of their business life cycle, to be given the opportunity to acquire a business with a complimentary product or service. But how does the business fund this acquisition when the sale is on an all-in basis a majority of the time?read more
An air services business operating in the mining and energy sectors needed to fund the purchase of a new aircraft. The upturn in the mining sector meant increased demand for charter flights from large mining, civil and energy companies operating in the region.read more
The assets of a printing services/manufacturing business came onto the market after the business failed. The daughter of a well established printing proprietor became aware of the opportunity to acquire the assets and start a business of her own. She had grown up with printing and had a good network of industry contacts who could support her in her new venture.read more
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