Funding Progress Claims & Rebuilding for Sustainable Growth
Funding progress claims is complex. Contract clauses relating to set-offs and damages mean very few lenders will advance against these invoices.
View Case StudySee how ABL Corp structures funding and advisory to fit each business.
Funding progress claims is complex. Contract clauses relating to set-offs and damages mean very few lenders will advance against these invoices.
View Case Study
The existing financiers held charges over all business assets to secure longer-term debt. This restricted access to the debtor ledger – the very asset best suited to funding working capital.
Upon engagement, our CFO undertook a detailed review of the company’s operations and financials. One of the first discoveries was that the client had no clear understanding of their true cost of production, particularly in relation to labour costs, which were being significantly underestimated.
SBR Contracting, a Western Australian mining sector provider, faced financial bottlenecks despite growth. ABL Corp's deep dive and strategic adjustments, particularly refining their cost structure, led to SBR Contracting securing hundreds of thousands in additional revenue and a sustainable profit model.
Owner Nathan Roon's strategic move ensures smoother operations and enhanced project selection, leading to increased returns for the company.
Lockyer Valley Waste Management is a South East Queensland based company providing liquid waste, timber harvesting transporting, sawmilling, and mining industry services.
Country Wide Signs is a Brisbane based company who install commercial signs Australia wide.
| Asset | Balance Sheet | Eligible Amount | Advance Rate | Maximum Advance |
|---|---|---|---|---|
| Accounts Receivable (Debtors) | $100,000 | $80,000 | 85% | $68,000 |
| Inventory | $50,000 | $40,000 | 50% | $20,000 |
| Plant & Equipment (Equity) | $100,000 | $80,000 | 60% | $48,000 |
| TOTAL LIMIT | $200,000 | $136,000 |