Empowering Growth: A Balanz Success Story At Balanz Banking Solutions, our commitment to empowering businesses extends beyond financial transactions – it's about fostering growth and realizing potential. Recently, Director Angus Chrisp Crisp and Associate Katie Ervine worked with a beef cattle livestock trading business in North Queensland. Initial discussions revolved around ambitious growth plans, requiring strategic funding and financial guidance. Through review and insightful recommendations, Angus and Katie facilitated significant enhancements for our client - Expanded Finance Facility: A larger finance facility was secured, enabling increased stock purchases and substantial business growth. Projections indicate a promising boost in profitability, estimated at $120k over the next 12 months. Streamlined Processes: As part of the review, unnecessary financial covenants were removed, saving valuable time for our client. With fewer administrative burdens, they can now focus more on enhancing their operations and driving success. (Spending more time in their business) Reduced Costs: Negotiations led to a remarkable 1.69% reduction in interest rates and the removal of ongoing limit/line fees further bolstering the financial health of the business. We're immensely proud to have played a role in our client's journey towards prosperity, especially as this client was introduced by an pre-existing Balanz client - the highest compliment we can receive. We look forward to continuing to support their growth aspirations. #BalanzSuccess #BusinessEmpowerment #FinancialGrowth #ClientSuccessStory #BusinessDevelopment #FinancialAdvisory #StrategicFinance #ClientReferral #BusinessPartnership #NorthQueenslandBusiness #LivestockTrading #GrowthStrategy #ClientEmpowerment
Well done Katie and Crispy
The Agri dream team nice work guys!!
Senior Relationship Manager - Debt Advisory
8 个月Well done Angus and Katie doing some great work for our farming families.