You realise that you could increase your business if you could invest in some new equipment but you do not have the funds available and your bank is unhelpful.
New equipment cost £15,000 which cost just £686 per week, the increased income covers this cost and after 28 weeks the equipment is paid for and you receive the full benefit of the increased income. Because the repayments were linked to you card sales your repayments varied in line with your income so in your quite periods you could still afford the payments.
You have seen the value of your car sales decline as you have had to use your car stock funds for other uses. Rather than have 10 cars at £3000 each, by raising £30,000 you could have 10 cars at £6,000 doubling your profitability for the same number of sales after 28 weeks you have paid back the funding at which point to could repeat the process and increase the value to £9,000 each car. After a year you have £90,000 of stock as opposed to £30,000 which may well have decreased as you paid other bills. Because the repayments were linked to card sales your repayments varied in line with your income so in your quiet periods you could still afford the payments. These are just examples of how funds can be used for any purpose. Including VAT, HMRC or other outstanding debts.