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New Plymouth Fragrance Retailer Accesses Working Capital

A New Plymouth fragrance retailer needed more working capital to ensure his stock levels were maintained. His business was growing but he was unable to fund the necessary increase in stock levels.

His overseas suppliers required funds up front and he did not have sufficient working capital to do this.

We arranged for him to access our Artificial Middle Man scheme, whereby we purchased the stock and on-sold it to the retailer. This allowed him to purchase the stock over 12 week terms, which he could fund from sale of the products.

The system allows this fragrance retailer to grow

without having to worry about running out of working capital.

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