Westlake is a specialist wholesale funder of SME trade finance businesses.
Westlake provides a unique opportunity to Wholesale and Professional Investors to receive an above average yield on a credit insured investment. Westlake Funding Ltd is also currently providing established Australian businesses with access to the working capital they need and is currently looking to expand its operations.
The Debtor Finance industry had a total turnover of $63.7 billion in the 12 months to March 2014 and is continually being adopted as a finance product by Australian businesses.
Debtor Finance is a well-established product found in a wide range of industries, particularly manufacturing and wholesale trade, and in recent times has begun gaining traction in other growth industries such as mining services and broader service industries. However the key hurdle faced by the businesses that provide this product is the lack of capital available within Australia to allow businesses to grow at a consistent rate. If these businesses were able to access a reliable source of capital, they could in turn fund more SME’s with the capital they need to operate and grow.