Vehicle Finance $27k

24.04.20 09:44 AM By Matt Ingran

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

Contact us for a free consultation