We are seeing a growing number of companies that may not be able to cope if there was an external shock to the business.  Examples might be a delay in sales contracts, increases in raw materials / wages costs, delayed payments by a large customer, a change in buying behaviour of consumers, decrease in prices for goods sold or a loss of key staff …

What do I mean by a “safety net”?  Essentially it is access to enough cash to “bridge” to another event or situation in the future that is more positive than today. Ie. it helps buy time to resolve the current issues and move forward with certainty.  How much cash the business needs will depend on the run rate and the “cash cycle” of the business.

Traditionally a business would have an overdraft and use the overdraft or shareholder funds for such situations, but increasingly we are finding that the shareholders don’t have additional capital and the bank won’t provide an overdraft or “stretch” the current banking facilities.  We have seen a number businesses that just don’t have enough cash at bank.  These companies typically have increasing receivables, growing inventories, ATO debt … and working capital issues.

How can we help?  We put together a funding strategy and executable plan, that might involve a number of stages to give the business time to deal with these issues and fund the business.  We help solve the underlying issues while providing additional capital to the business.  Quite often we can raise debt finance (either secured or unsecured) to “bridge” to the next event, allowing the business time to deal with the underlying issues and raise further capital.  This may involve paying out the ATO for example, so that lower cost finance could be sought …  or just providing more cash to operations while working on the business.  We also assist with the governance / project management of overseeing the plan.

Please contact us if you know a business that we can assist."

By providing instant, convenient access to cars for individuals and businesses, Project Car Share replaces car ownership, car leases, car rentals and taxi trips. Importantly, it targets trips between one hour and one day, an area of the market underserved by the likes of Uber or traditional car rental companies. 

Third-party research suggests that every Project Car Share vehicle replaces 10+ private vehicles (via sold or foregone purchases by users). This supports a fundamental change to our cost of living, congestion, emissions, and how we use the space in the cities we call home. 

The Company is on a mission to help build more beautiful and livable cities by providing a better alternative to car ownership. Project Car Share uses 120% carbon offsets to eliminate operational emissions.

"Today, we are in the early stages of demonstrating our ability to disrupt the private vehicle ownership market at scale in the same way Uber disrupted the taxi market globally. There is a clear path to profitability by FY25 by focusing on growth. Our team, software platform and systems are ready to scale the business."