News Articles - Hermes Capital

ATO arrears not an issue for fleet expansion

Payments to key suppliers are crucial to the viability of any business, especially when suppliers and wholesalers account for the majority of a company’s turnover. But how does a business remain on good terms with a supplier when unable to keep up with their obligations?

Concerned supplier helps raise capital for steel wholesaler

Payments to key suppliers are crucial to the viability of any business, especially when suppliers and wholesalers account for the majority of a company’s turnover. But how does a business remain on good terms with a supplier when unable to keep up with their obligations?

Capital raising in a post Royal Commission world

How does a start-up business raise money against used trucks in a post Royal Commission environment?

The owner of a transport business passed away and the deceased estate could find no more a suitable buyer than the business’ general manager (GM).

The GM set up a new entity for the purpose of completing the acquisition. As such, it was deemed a “new business” and was the first deterrent for traditional lenders, despite the fact that cash flow forecasts demonstrated a capacity to service.

Side venture mishap costs regional transport business

This month’s case study highlights a special situations case where a transport company was depleted of its cash resources after the directors invested in a pub.

The cash burn on the pub venture led to ATO arrears in the transport business, ultimately making it impossible to fund the business through traditional means.