Read some of our financial lending success stories and then contact us with your lending problem so we can find a solution for you..
Large mining contracting business
Local broker said the equipment finance couldn’t be done – we’ve since settled $900k loader, $300k loader, 700k home, 2 cars, cattle lease, and now looking at a further $1.7m in new equipment.
Medical Practice Finance
Two banks took 3 months to decline the business loan for the medical practice – we got the deal and had it approved in 3 days.
Road Construction and Maintenance
Our clients banker went on holidays at the end of June while in the middle of doing some leasing for him. We got the deal in the last 4 days of the financial year and did $200k of leasing to help with tax deductions.
Wanted to buy an existing practice and needed to fund 100% to preserve working capital and stock requirements so we assisted by finding a specialist non-bank lender who approved the deal in 48 hours. Of course the local banks would not fund 100% in this case
Older Equipment Finance
Had been to his bank who said NO and was using a finance broker in Brisbane but they were taking too long as the truck was a 1989 tipper….we turned it around and got equipment finance approved in 48 hours. Older equipment is not a problem for us.
In the mining town of Dysart working in the mines, the concreter had been to the bank to set up a limit for equipment finance buying in the future. They declined it BUT we got the finance approved with that same bank as the local branch did not have the experience to put the deal together. Since then we have set up several Equipment Finance lending limits and well on the way to financing $500K worth of equipment for his growing business.
Equipment, Car and Truck Loans
Car and Truck loans an issue with major banks as all the gear has to be inspected by a valuer or accredited broker or banker… We handle 2 -3 privates sales of equipment, cars, trucks and other goods each and every week and travel far and wide to inspect equipment. Our system ensures the financier and the vendor and the purchaser are all protected.
IT Equipment Finance
We recently arranged for a large new accounting system in a business worth $40000 to be financed as a Chattel Mortgage.
Debt Consolidation and Business Expansion
The business were being offered new work which necessitated more equipment. We spread the risk by arranging several pieces of equipment to be financed by 3 separate financiers so that they could grow their business immediately and hence not lose the contracts.
Recent consolidation of 13 personal debts in to one manageable loan was a great success story. We focused all those payments into paying off their 1 home loan debt in 15 years… the clients are so excited and it has taken a lot of pressure off their financial and personal life.
Using simple and effective personal budget sheets has helped several clients start down the road of paying off their personal home loan quicker and get into an investment property quickly.
Business Expansion Finance
This business wanted to buy a CNC lathe overseas and we were able to assist by arranging trade related international currency transfers and procedures that ensured the equipment was paid for FOB (free on board) and arrived safely in Australia.
Recently some clients in share farming and mining hire approached several banks for an overdraft but were knocked back due to lack of security. We arranged non-bank debt finance or factoring for them within 48 hours of loan application submission. Approval was granted as we were able to recognise the biggest assets in their business which was their debtors or clients that owed them money for work they had completed.