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 to buy materials at the start of each commercial project but did not receive progress payments until later stages.
Credit file
Clean company credit and a 740 director score.
What X Lend did
X Lend arranged a revolving line of credit so the business could draw funds for each project and repay the balance as progress claims were received.
The revolving working-capital facility submission was matched to business line-of-credit provider and moved from application to settlement in 5 business days.
Settled outcome
Approved on the first lender enquiry and settled with a $60,000 limit. Interest applied only to the amount in use, creating an ongoing project cashflow buffer.
Historical outcome only. Rates and policy can change, and every application is assessed on its own circumstances.
Evidence supplied
- BAS
- Business bank statements
- Project pipeline
- Company and director documents