Education and Training
Teaching the skills for a better life
Learning is one of the most powerful skills we can develop. It lies at the heart of innovation and helps us get the most from our lives. Australia’s world-class education sector is a vital resource to our society and culture. It’s also a major export industry with a significant contribution to our economy.
At Fortitude, we work with businesses in every sector of the Education and Training industry, bringing our wealth of knowledge and extensive experience to help you achieve the profitability, security and lifestyle you seek.
Case study: Assessing bankability for education and training industry clients
Background
A school tutoring business wanted to purchase a complimentary business that would provide significant long-term strategic value. The client had to access finance to help fund the purchase and secure the opportunity. However, like many business owners, they didn’t know where they stood with their bank, how the bank would assess their request and, in the event of a finance offer, whether it would be properly structured with competitive terms and conditions.
How we helped
We assessed the client’s transactions and bankability using the same general approach major banks use to assess lending opportunities. This showed the client its relative borrowing strengths and weakness, giving them a chance to address their financing shortcomings before approaching lenders.
Knowledge is power. Forewarned, the client increased its negotiating power, and we could help the business owners secure funding on competitive terms.
Outcome
The business owners avoided the hassle of changing banks, securing the long-term benefits of strategic business acquisition and the security, wealth and lifestyle they’ve sought from their business.
Future-proof your business today
Book a free 30-minute consultation now on 1300 551 040 or email us for more information.