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	<strong>Contract Date: 24/09/2019 C/L $5000</strong></p>
<p>
	John has been an existing client of Adam Smith since 2010 with a credit limit of $3000- Client is selft employed and has been for 9 years. He owns and operates his own insurance broking company, he is the sole director and share holder. His company pays him and his wife a salary of $90000. Client received a tax bill in December due to an adjustment and therefore failed to pay us. He then sold part of his book which took longer thatn expected and put in further in arrears with us. He is now back on track and would like the opportunity to redraw on his limit of $3000. He advised that vehicle expenses are though the business. Client has two dependants 3 and 8 year old. Client is wanting to increase his limit to $5000 to cover a tight cash flow period.</p>
