A $25M manufacturing business based in Victoria had recently changed hands. While operations were solid, the new owners were navigating working capital pressures during the transition period. Cash flow was tight, but the opportunity to grow was clear.
The business had a strong debtors ledger of $5M and a forecast requirement of $3M, making invoice finance the obvious solution. But there was a catch: the client refused to notify customers of any funding arrangements and didn’t want the operational disruption of rerouting payments to a third party.
Mainstream lenders weren’t interested. They classified the business as ‘new’ and weren’t open to helping.
The client initially sought advice from their accountant, but it was their finance broker who recognised the fit and brought the opportunity to Hermes for a Confidential Accounts Receivable Discounting Facility (CARD).
Hermes structured a confidential facility, advancing up to 80% against receivables, without any customer notification or change to payment arrangements. The client submits a weekly ledger extract from their own accounting system, drawing and repaying funds as needed – just like a traditional overdraft.
The facility was approved, documented, and settled in around two weeks, giving the owners the headroom they needed to bed down the acquisition and stabilise operations.
The result? A seamless funding solution with no disruption to operations, no noise for customers, and room to grow.
Hermes CARD: discreet, low-touch working capital for businesses that need liquidity without complications.
Structured to keep customer relationships intact.
Approvals and funding within 24 hours.
Tailored solutions designed to support brokers and their clients.
Streamlined application process without bank-like restrictions.
No hidden costs, clear and competitive terms.