Providing the Springboard for Success: Arts Company Case Study
Art is a powerful medium that can evoke emotions, inspire change, and even shape cultures. But for those in the arts industry, creating and sharing their art is often only half the battle. The other half is identifying opportunities and seizing them, so the business can grow and scale. This was the case for one Australian arts company based in New South Wales, which had been operating for four years and was looking for a way to take their business to the next level.
A small business loan was exactly what a business needed, i.e.they saw an opportunity to expand their premises but they were cash flow-strapped. They needed a cash flow boost to secure the premises at a discounted rate, so they turned to Bizcap.
As a leading provider of business loans in Australasia, we understand the unique challenges that small and medium-sized businesses face. We offer fast and easy access to funding, with loan amounts ranging from $5,000 to $2,000,000. And, unlike traditional lenders, we look beyond just a credit score when assessing loan applications – taking into consideration factors such as general cash management, ending daily balances, and monthly deposits.
The company applied for an unsecured business loan and within 1 hour, we provided the cash flow boost they needed to grow and expand their company.
A few months after paying off their initial loan, the company took out another loan. The second loan allowed the company to invest in new promotional material, which helped them to attract new customers.
The loan process with Bizcap was quick and easy. The company completed the application, uploaded their latest bank statements and received an offer, within the day.
To apply for a small business loan, click here.