Network Finance - Latest News and Blog Posts , Case Studies

How Smart Equipment Finance Helped a Regional Contractor Win Bigger Jobs

Tue, 29 Jul 2025 22:36:34 +1000

The Client: From Operator to Owner

Starting as a dozer operator for a leading civil construction company, our client made the leap into business ownership two years ago — purchasing his first machine to hire back as a subcontractor. With two dozers already working on job sites and demand showing no signs of slowing down, he needed to act fast to add a third machine to his fleet.

The Finance Challenge

The client had his eyes on a low-hour 2019 Caterpillar D6T Dozer priced at $468,000. But there were hurdles:

He needed to preserve working capital.
His current lender had maxed out their exposure to him.
Historical financials.
The machine needed to be on-site within two weeks.

The Solution: Strategic Lending That Worked

We sourced funding from a non-major lender with a strong appetite for yellow goods and established clients in civil construction. Here’s what made the difference:

Presented a complete application, including accountant-prepared financials, a work source letter, and cash flow forecasts.
Negotiated a deal with only a 10% deposit upfront and GST deferred to month 4 — helping preserve cash.
Achieved fast approval (within 48 hours) and settled in just 5 days.

The Result

With financing in place:

The client secured the dozer before a critical project deadline.
Monthly repayments came in at approx. $9,950 (ex. GST).
The additional machine enabled an increase in net profit of ~$13,000/month.

Takeaway for Business Owners

This case highlights how understanding lender appetite and presenting a well-supported application can be the key to unlocking growth — even when traditional financials aren’t perfect.

If you're in civil construction or any capital-heavy industry, the right finance partner can help you take the next big step — without risking your cash flow.

Need help navigating equipment finance?

We’ve got the lender network, expertise, and turnaround time to help you seize your next opportunity.

Book a chat with us today

How Smart Structuring Helped Secure Finance for a $172K Ferrari

Tue, 29 Jul 2025 19:37:37 +1000

This client had built a solid business operating motels across two locations and was now eyeing a personal reward — a 2000 Ferrari priced at $172,000 from a dealer sale. But ticking all the usual finance boxes wasn’t going to be possible.

The Challenge

Despite the client’s strong revenue and stable business history, there were multiple hurdles to overcome:

The Ferrari was 23 years old — beyond the age limit for most low-doc vehicle finance products.
The client had no deposit available at the time of application.
Financials were not yet completed, making traditional full-doc lending a no-go.
They also wanted to keep the purchase separate from their jointly held business, requiring a standalone structure.

Most traditional lenders declined the deal due to the combination of asset age, lack of financials, and no property or asset backing.

Our Solution: Lite-Doc Lending with Flexibility

Instead of forcing a fit into a traditional finance box, we matched the client with a specialist lender experienced in exotic vehicles and non-standard applications. We:

Leveraged BAS statements and ATO tax portal data to verify strong business turnover and repayment capacity.
Structured the loan over 5 years with no balloon, keeping repayments manageable.
Secured approval without the need for financials, a deposit, or property backing.

The result? Monthly repayments of approx. $3,500, comfortably serviced by the business cash flow — and finance arranged discreetly, as the client wished.

Outcome

The client took delivery of their dream Ferrari without compromising cash reserves.
They avoided unnecessary delays or the hassle of over-disclosing unrelated entities.
Business momentum remained strong while personal goals were achieved.

Key Takeaway for Business Owners

When the deal doesn’t fit the mould, that’s when a creative broker makes all the difference.

Whether it’s an exotic car or niche equipment, understanding lender appetite and packaging deals strategically can open doors that seem closed at first glance.

📞 Thinking of a unique purchase or finance structure? Let’s explore what’s possible.

Get Started Now

From Setback to Success: How One Transport Business Turned High-Cost Finance into Sustainable Growth

Tue, 29 Jul 2025 18:41:09 +1000

Add to that a final fallback offer from another lender with a crushing $15k/month repayment—and it looked like the business might stall before it truly got moving.

But that’s where we came in.

The Challenge: A Financing Wall

Most lenders saw risk. We saw potential.

With multiple funding declines and no standard pathway available, the client needed a creative solution fast—or risk being locked into a hire-to-buy agreement that would cripple their cash flow.

Our Approach: Leverage, Structure, and Strategy

At Network Finance, we don’t just look at numbers—we look at the whole picture. In this case, we worked closely with the client to:

✅ Leverage an existing truck and trailer as additional security

✅ Structure a full-doc loan that aligned with their business needs

✅ Secure funding through a trusted lender, ScotPac

The result? A $190K loan over 5 years with repayments of just $5K/month—well below the $15K/month they were previously facing. That’s what we call sustainable financing.

The Outcome: $2M+ in Funded Equipment (and Counting)

This wasn't a one-and-done deal—it was the start of a partnership.

In the two years since that first loan, we’ve helped this client fund over $2 million in equipment, all without requiring asset backing. With the right finance strategy in place, their business has scaled with confidence and clarity.

What This Means for You

Even if your business has had setbacks…

Even if you’ve been declined before…

Even if traditional lenders won’t give you the time of day…

There’s often a better way forward. It just takes the right partner to help you find it.

If you're in the transport industry—or any industry—and need smarter finance that actually works for your business, we're here to help.

Let’s talk about your next move.

Book A Free Consultation

Mitre Saw $27K

Thu, 07 May 2020 12:54:07 +1000

Industry: Manufacturing

Time in Business: Operating 2.5 years

Client Requirements

Client required an additional Mitre Saw which would cut stone on a 45 degree angle

Fast turn around required as business needed this new saw to fulfill orders which had just been placed.

Business recently went through a change in structure so limited financials available.

Our Solution

Approval was obtained for the client within 2 days and loan settled within 4 days allowing the business to fulfil the required orders. We were able to overcome the change in business structure by proving continuity within the business. As a result of the directors being asset backed we were able to get the approval in placed based without the need of financials

Broker

Matt Ingram

Class 1966 E-Type Jaguar $75k

Mon, 27 Apr 2020 10:57:16 +1000

Industry: Personal Consumer Loan

Client Requirements

Client is a car enthusiast and requires finance for the purchase of a classic car via a private sale.

Looking at 3 – 5 year loan term

$25k deposit available

Our Solution

Via our panel of lenders, we were able to source a lender who had a specialsied loan product for classic cars over 30 years old. We were able to obtain an approval for the client within a day. Loan was approved over a 36 month loan with non-minimum deposit require. Applicant still proceed to put a deposit on the loan to reduce the overall repayment commitment.

Broker

Matt Ingram

Business Loan $100k

Fri, 24 Apr 2020 15:58:48 +1000

Industry: Landscape Services

Time in Business: 3 years

Client Requirements

A client found himself needing additional working capital to purchase bulk stock from China. He gave up waiting on his bank after 2 weeks and called us.

Our Solution

We had an unsecured business loan approved within 24 hours and after our cleints accountant supported our solution the funds were in the bank the next day. No financials were needed and allpaperwork was completed over the internet with no forms being filled in, printed, signed or scanned - too easy!

Broker

Craig Titmus

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Old Forklift $13k

Fri, 24 Apr 2020 11:09:32 +1000

Industry: Manufacturing

Time in Business: Trading 2 years

Client Requirements

3 year secured loan, Lender who will finance older assets. Most lenders have a maximum age of 12-15 years at the end of the loan term

Our Solution

We were able to present 2 approval options to the client and both were under low doc loan options. Option 1 was a 2 Year Loan & Option 2 was a 3 Year Loan

We discussed both options with the client and presented it outlining the total overall cost of both loan terms. By comparing the 2 loans for the client they were able to see that the 2 year loan option worked out far cheaper over the long term even though the repayment we more expensive. We ended up with a client who was grateful that we could explain the 2 options available in a simple and easy method.

Broker

Matt Ingram

Vehicle Finance $27k

Fri, 24 Apr 2020 09:44:39 +1000

Industry: Construction

Time in Business: Established Business 10 Years

Client Requirements

Clients are after a 5-year loan term with minimal upfront outlay.

Business has had a recent change of directorship

Judgement on credit file to a material supplier

Vehicle is being purchased for new staff member.

Our Solution

We were able to prove business continuity to alleviate any concerns around the change of directorship.

Current loan statements were provided to show excellent repayment history on all current equipment loans. Given the judgement was not loan related we were able to prove there was limited risk to the lender.

Vehicle was approved with one of the mainstream lenders at a low interest rate with a small 10% deposit. We ended up with a happy client who was able to get their new employer up and running

Broker

Matt Ingram

Skid Steer & Trailer Combo $52k

Thu, 23 Apr 2020 16:36:39 +1000

Industry: Building and Construction

Time in Business: Company operating 14 months

Client Requirements

Client required a skid steer in order to take on new work contracts.

Unable to get approved by their current back as the ABN had been trading for less than 2 years and no financials available.

Client also wanted a longer loan term to keep repayment as low as possible while they are continuing to grow and expand.

Our Solution

We were able to obtain an approval for the client in less than a day under a self declared loan product. We sourced the clients a 7 year loan term under a secured Chattel Mortgage loan product where the machine being purchased was used as the sole security.

Broker

Matt Ingram

Concrete Agitator Truck $242k

Tue, 21 Apr 2020 12:57:29 +1000

Industry: Shop Fit out / Construction

Time in Business: Family Trust with a corporate trustee ( Sole Director )

Client Requirements

Client Required urgent finance approval. Client had been previously dealing with another broker for 6 weeks who had not yet been able to get an approval in place. Client approached us on the recommendation from the vendor as we assisted him with the finance for the truck purchase when it was brand new. Client required approval within 10 days to ensure he can start on site training with Holcim. Applicant also has 20% deposit available. Lenders see this as a new business venture

A change in accountants resulted in amendment to trust deeds being missed meaning

current trust deeds were out of date.

Private Sale Purchase

Our Solution

Our approach is to always ensure we have a complete understanding of how the business currently operates, by doing this we found out that the shop fitting side of the business predominately operated at night with the work being completed by Sub Contractors and overseen by the business director and his partner. From here we were able to ascertain that the truck purchase would have limited impact on the business’s current income and the purchase of this truck was to actually diversify the business so that it was able to generate income day and night.

Having determined the businesses current income stream was not going to be affected we would be able to use the current financials of the business to confirm loan servicing which would streamline the loan application. We were now not relying on projected income to cover the proposed new loan repayments.

Once we received the current financials, we discovered that there had been a changed to the beneficiaries of the trust and an amendment to the trust deed had not been lodged. To ensure there was no delay in obtaining an approval we worked closely with the accountant to ensure a letter could be provided to confirm who the correct beneficiaries were and that it matched the current financial statements while also confirming that an amendment had now been lodged.

Overall, the director of the business was largely asset backed with over 50% equity in property and good cash in bank which provided a solid fallback position. 20% deposit along with the income being generated by the business allowed us to overcome any concerns the lender had in regard to this purchase being a new business venture. We achieved a conditional approval subject to the amended trust deed being provided for the client within 4 days. This time frame ensured that the client could meet the requirement to start training with Holcim. Loan was approved based on 20% deposit over a 5 year loan term with 30% residual. Loan settlement was completed the day Holcim Training finished.

Broker

Matt Ingram