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 company paid 25 casual workers each week while major customers took between 30 and 60 days to pay approved invoices.
Credit file
Clean director credit; the business had several supplier payment arrangements.
The approach
What X Lend did
X Lend found a debtor-finance lender that advanced against approved invoices without taking the directors' property as security and integrated the facility with the accounting system.
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 with a $90,000 limit and access to up to 85% of eligible invoices, allowing weekly payroll to continue without waiting for customers.
Historical outcome only. Rates and policy can change, and every application is assessed on its own circumstances.
Documents used
Evidence supplied
- Aged receivables report
- Customer contracts
- Invoices
- Business bank statements
- Accounting-system data