Category: Term Loan
Locked in an unprofitable contract? Build a “runway”
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.
Read MoreOvercoming difficulties with traditional financiers
An overseas based business decided to divest its Australian operations by selling its business to its local management team. The business was a manufacturing business operating in a profitable niche segment, but the size of the segment was considered too small by the overseas parent.
Read MoreWorking Capital to fund the growth of business
A food manufacturer needed to finance a new filling machine in order to fulfil new contracts it had won with two major supermarket brands.
Read MoreInformal restructuring & the ATO: Bridging the gap
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.
Read MoreDivesting loss & remaining profitable
A manufacturing business turning over $6 million p.a. needed to undertake a formal restructure after the ATO had commenced proceedings. The company’s core manufacturing business remained profitable, and a formal restructure would allow the business to divest itself of loss-making facets of the business and accrued debts as a result.
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