The Backstory

SBR Contracting, a significant provider of piping, concrete and earthworks solutions in Western Australia’s mining sector, was grappling with a persistent financial bottleneck. Established in 2022, the company has rapidly expanded its operations. Despite having a steady stream of projects, their existing financier’s inflexible funding structure stifled their ability to maintain adequate working capital. This limited growth and hampered day-to-day operations, leaving the director tied to the office, managing back-end accounting instead of being on-site to drive project success.

The Way Forward

To begin, ABL Corp spent two days with SBR Contracting, conducting a deep dive into their financial framework to develop a comprehensive solution designed to alleviate financial pressure and unlock growth potential. It quickly became clear that inefficiencies in their tendering process were impacting profitability. By refining their cost structure, ABL Corp empowered SBR Contracting to secure several hundred thousand dollars in additional revenue. This strategic adjustment not only resolved immediate cash flow challenges but also embedded a sustainable profit model for all future tenders. Additionally, ABL Corp’s advanced bookkeeping services have removed the administrative burden from SBR Contracting’s director, allowing him to focus on larger business objectives alongside real-time financial transparency that enables more confident decision-making.

A New Reality

“For any business needing flexibility and financial clarity, ABL Corp is the standout choice. Their hands-on approach and comprehensive support have been instrumental in helping us transition towards our growth targets. Katie and the team didn’t just provide funding; they delivered actionable financial insights that led to hundreds of thousands in newfound revenue. Their support has been a game-changer and I would absolutely recommend them to other businesses.” – Steven Kemp, Director, SBR Contracting