Capital Maximiser

Last week, the financial press reported action being taken by the government to help SMEs better access capital and manage their cash flow. Highlights according to The Australian include forcing large corporations to adhere to 30-day terms and a $2 billion fund to be loaned to SMEs. In our case study this week, we demonstrate how Hermes Capital is ahead of the news cycle with cash flow solutions available that specifically address freeing up cash tied up in accounts receivable.

How does a mining services business (extraction optimisation) buy time time to restructure its cost base without entering into Voluntary Administrations?

A transport business was locked into an unprofitable long term contract with one of its larger customers. They had made a mistake in agreeing to the terms in the first place to be sure, and the financial outcomes were noted unfavourably by the client’s bank.

A food manufacturer needed to finance a new filling machine in order to fulfil new contracts it had won with two major supermarket brands.

A telecommunications infrastructure company turning over $20 million p.a. was in the process of informally restructuring and re-focusing of its business by selling off the smaller of its two divisions. The need to do this came about as a result of pending action by the ATO for debt that had accrued when management had lost their way dividing their attention on essentially two different businesses.