After a period of time , it was felt by both partners that personal assets should be removed as security - and the business would have to borrow funds on its own credit strength .
The problem was that with only 1 year of trading history , relatively low profits and no asset backing – there was no lender in Australia that could provide a solution , to enable the company to obtain a line of credit .
Trade Finance Providers arranged a line of credit of $150 000 USD for the client to use for imports of containers of flooring on a 120 day basis .
