Twisted Healthy Treats has a large presence in school canteens and has been scaling up through exporting large volumes of its frozen yoghurt product into the US, specifically to Costco and a small number of independent businesses.
Beginning its exporting journey in 2020, the process worked very smoothly Cassandra Spies, Co-founder and Managing Director at Twisted Healthy Treats highlighted. However, global logistics challenges meant that the working capital cycle began to stretch.
The agreement with Twisted Healthy Treats’ client meant that payments were structured around the delivery and arrival of products in the US warehouse.
We provided a Small Business Export Loan to Spreadies Pty Ltd, which supported the business with its cash flow while waiting for its containers to arrive in the US, this then enabled the team to continue operations and start work on domestic production.
If your business needs a cash flow boost or help to secure additional bank finanace, then we might have a solution for you.
Need to cover large overseas setup or project costs? A loan could help scale up your global capability and cover local or overseas investment costs.
Need to boost your cash flow? Our Export Line of Credit could help with material purchases, managing payment cycles and inventory costs.
Need to secure large contracts with minimal cash cover? Our performance and warranty bonds could provide the security you need.
Need additional working capital to deliver on large contracts? Our guarantee could help secure additional bank finance.
We may be able to support with finance if your business has:
• an ACN registration
• two years of trading history
• an annual turnover over $250,000
• demonstrated profitable operations.
Unfortunately, we're unable to assist start-ups or sole traders.
Two-thirds of Australian businesses are looking to expand into Southeast Asia, Europe or North America*. If you're considering these markets, it’s helpful to understand the opportunities and challenges that may come your way.
Our eBook will help you understand:
*Findings from internal research.
Download your free copy
Get in touch with one of our export finance specialists to see if our finance solutions are right for your business.
Alternatively, call us directly on 1800 093 724.
