The challenge

With approximately $100 million in annual turnover, a civil infrastructure company needed a short-term cash flow bridge while it considered a larger debt restructure.

With $1.6 million required, the business wanted to avoid piecing together funding across multiple providers.

Its adviser brought the deal to Bizcap with a clear challenge: structure the funding around both requirements.

The solution

Bizcap structured $1.6 million across two facilities. A $1.3 million Bridging Loan provided the majority of the capital upfront, while a $300,000 Line of Credit gave the business flexibility to draw additional funds up to its approved limit as required.

The offer process began on Friday night, with the deal settled by Wednesday, approximately 2.5 business days later.

Why the deal worked

The business needed substantial capital upfront while retaining flexibility as it considered its longer term financing options.

Bridging Finance addressed the immediate cash flow requirement, while the Line of Credit provided access to additional funds within its approved limit.

Together, the facilities gave the business greater flexibility to manage its cash flow while working through the broader restructure.

The outcome

With $1.6 million in funding secured, the business had the capital to support its immediate cash flow needs while continuing to work through its broader debt restructure.

The structure gave the business greater financial flexibility as it considered its longer term financing options and determined what came next.

Funding that fits your business

Every business has different funding needs. That’s why Bizcap offers flexible business funding from $5,000 to $4 million, with solutions structured around your circumstances and what you’re looking to achieve.

Whether you need to bridge a cash flow gap, fund your next opportunity or navigate a more complex funding requirement, apply now with Bizcap.