Verified and reviewed by Corey Marino Founder & Finance Broker, FBAA member M-354085 · Diploma-qualified finance broker
Last reviewed 24 August 2026 · About Corey
What needed to be solved
The business needed equipment from several suppliers while retaining enough cash to cover wages, opening stock and the other costs of launching a second venue.
Credit file
Good credit profile; both directors scored above 700.
What X Lend did
X Lend combined the supplier invoices into one commercial facility and coordinated direct payment to each supplier from the settlement.
The coffee machine, refrigeration, oven and café furniture submission was matched to commercial equipment lender and moved from application to settlement in 1 week.
Settled outcome
Approved on the first lender enquiry and settled at a historical rate of 9.25%. Every supplier was paid and the second café opened without draining operating cash.
Historical outcome only. Rates and policy can change, and every application is assessed on its own circumstances.
Evidence supplied
- Supplier invoices
- Existing business bank statements
- Turnover evidence
- Company and director documents