We were recently approached by a client looking to finance a highly specialised piece of equipment, valued at around $100K, that’s only used in their niche industry.
Straightforward enough… except the business had only been trading for four months. (Cue the underwriter’s raised eyebrow.)
Rather than hit the brakes, we looked under the hood: strong industry experience, a solid sponsor, and a clear growth plan. That was enough for us to tailor a 100% funding solution; no deposit required.
The result? The client kept their cash for working capital, expanded their capabilities, and walked away with an interest rate 4% lower than they expected. Not bad for a “young” business.
Sometimes, it pays to look beyond the numbers, and deliver a win-win with a smile.
