Blog tagged as Equipment Finance

Business demand for equipment has hit record numbers
Businesses across the country are purchasing new equipment and vehicles in record numbers, as companies big and small embrace the strongest market conditions seen in years, according to NAB data.
22.04.21 03:56 PM - Comment(s)
Mitre Saw $27K

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 we...

07.05.20 12:54 PM - Comment(s)
Old Forklift $13k

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...

24.04.20 11:09 AM - Comment(s)
Vehicle Finance $27k

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 b...

24.04.20 09:44 AM - Comment(s)
Skid Steer & Trailer Combo $52k

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 avai...

23.04.20 04:36 PM - Comment(s)
Concrete Agitator Truck $242k

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...

21.04.20 12:57 PM - Comment(s)