Unsecured Loan
Business Finance Providers worked with a removal furniture planning and storage company.
The owner of a removals company needed a financial boost to pay the registration and complete some maintenance work on a truck.
The owner had plenty of jobs coming in from his customers, but he was having to turn them away because he only had one truck available.
He initially sought finance from the major lenders, but due to his limited trading time and lack of security, these efforts were unsuccessful. He had a good credit history and was up-to-date with his tax obligations.
When the business owner was referred to Business Finance Providers, we took the opportunity to explore the market and show him the financial products that were available to him.
Our Product Specialists took the time to learn about the business, how income was generated and how payments were being made. This information allowed us to recommend a short-term loan structure, which the business owner agreed would suit his requirements.
The loan application was made and the funding was completed within 3 days, which was a great outcome for the business owner.
John Taylor – Managing Director – Xpress Relocation Ltd
