The Details

FUNDING: $600,000
TERM: 90 days

BACKGROUND
A rural client required funding to consolidate a number of debts and to also settle several debts that were moving in to a default status.

OUTCOME
Archery Capital provided draw-down capability within 4 business days and not only helped settle the outstanding charges but also helped with a number of other outstanding defaults to allow the company to achieve Tier 1 funding and provide a longer term more sustainable solution of the company.

The Timeline

DAY 1 - BORROWER NEEDS URGENT FUNDING
DAY 2 - BORROWER CONTACTS ARCHERY CAPITAL
DAY 3 - ARCHERY CAPITAL TAILORS A FUNDING SOLUTION
DAY 4 - PAPERWORK PROCESSED
DAY 5 - CLIENT RECEIVES FUNDING