Verified and reviewed by Corey Marino Founder & Finance Broker, FBAA member M-354085 · Diploma-qualified finance broker
Last reviewed 18 August 2026 · About Corey →
The challenge
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.
The approach
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 application was approved on the first lender enquiry, avoiding unnecessary applications to multiple credit providers.
The result
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.
Documents used
Evidence supplied
- Supplier invoices
- Existing business bank statements
- Turnover evidence
- Company and director documents