Client Overexposed With Their Bank
A smart & quick equipment finance solution when the bank can no longer help
A Civil Construction company purchased $880K of used trucks & excavators at an auction and had limited time to raise required funds to settle.
They were highly leveraged and had reached their exposure limit with their bank.
- Funded full invoice amount on an Operating Lease (Rental) over 48 month term
- 100% tax deductible, cashflow friendly option
- Off-balance sheet facility did not affect their leverage
- Quick 7 day turnaround from application to settlement helped client take delivery of their assets and get to work
To find out how your business can benefit from a smart and quick equipment finance solution, get in touch on 1300 780 895.