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
Several profitable commercial projects were active, but wages and materials had to be paid while the business waited up to 90 days for customer invoices.
Credit file
630 director score with no defaults and several recent enquiries.
The approach
What X Lend did
X Lend found a cashflow lender that assessed current turnover and signed contracts rather than relying only on the previous tax year's result.
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 for $75,000 at a historical rate of 12.95%, allowing wages and materials to be paid while invoices remained outstanding.
Historical outcome only. Rates and policy can change, and every application is assessed on its own circumstances.
Documents used
Evidence supplied
- Business bank statements
- BAS
- Aged receivables report
- Project contracts
- Management accounts