Trade, procurement and inventory financing
Snapshot: Facility sizes: $50,000 – $5,000,000Maximum LVR: 75%Maximum term: 2 years (24 months)First mortgage rate: From 7.99% per annumCaveat/Second mortgage rate: From 1.5% per monthPurpose: Refinancing (defaults, end of term), bridge (rapid equity release), ATO debts, non-residents, etc Stak partners are enjoying a higher than expected volume of short-term funding inquiries since the credit tightening. We’re […]
If you’re a factoring provider or BDM, you already know that competition can be fierce. Fighting and haggling for clients is one option, but, how about creating them from scratch without competition? Time and time again, factoring BDM’s turn away clients that are perfectly fundable by an investment-based lender. PO or production funders inject the […]
It’s no secret that funding companies either through a turnaround or with a controller appointed can be a challenge. Luckily there are options for practitioners and turnaround specialists to fund companies requiring capital during appointments. Stak’s a specialist funder that can provide funding through a variety of complex scenarios that fall outside a traditional funders […]
Sourcing domestic invoice factoring will uncover a plethora of options but, locking down a solution for clients that export to overseas customers can be challenging. In the business of exporting, owners quickly become aware they need to reach a wide customer base and only extend credit to high-quality customers or risk taking a loss. Of […]
We’ve been busy testing new trade facility variations with a number of clients and advisors. Demand for a line of credit to pay suppliers with no repayments during the term has been received very well and attracted a number of broker partners to offer our non-advertised product to prospects. . . . Stak‘s “Standby” Trade […]
In a recent survey of Stak’s top twenty-five (25) channel partners, we uncovered the pitfalls, frustrations, and tactics used when sourcing trade financing. When asked what frustrates them most about the specialist commercial finance market right now, over half (57%) of those surveyed named lenders changing their mind after issuing offers as their greatest disappointment. […]
We caught up with Stak partner, Adam Welsh, Principle at CreditSME to discuss the business lending marketplace and where it’s heading. Why did you set up CreditSME? What was missing? On researching the market, there was a clear perception from businesses that the only funding option available to them was a loan from a major […]
Commercial finance brokers and factors deal in often complex funding scenarios, with the “vanilla deal” often unseen. Most brokers and factors that play in this space relish the challenge of injecting value into their client base. Funding sources need to allow flexibility, expertise, and readiness to fund scenarios that require “outside the box” working capital. […]
