When one of New Zealand’s leading pet food manufacturers received an opportunity to grow their business, Spotcap was there to make it happen.
This 18-year-old Kiwi company manufactures and retails New Zealand’s healthiest adult dog food.
A vital piece of manufacturing equipment needed a replacement, leaving the business with an unexpected cash flow gap. A Spotcap line of credit was exactly what Ultimate Feeds was looking for to fill the gap in the short-term.
For the company’s Managing Director, Peter Stables, Spotcap’s solution was fast, flexible and affordable.
“Spotcap gave me the room to continue to grow and overcome the unexpected hiccup”
The support of the customer service team and the line of credit model were the real advantages of Spotcap for Ultimate Feeds.
“Cash when you need it, and only paying interest on the actual amount you have drawn down”
In the opinion of Peter, the most valuable business advice is to plan first and never be afraid to ask for help. This advice relates directly to cash flow management and Spotcap.
Spotcap gives Kiwi business owners like Peter the freedom and flexibility to grow their businesses. Capitalise on new opportunities as soon as they arrive with a Spotcap business loan.
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Originally published October 1 2018