At Rockliff Finance, we thrive on turning challenges into opportunities. Recently, we secured critical funding for a third-generation contractor in the agriculture and transport industry, navigating a maze of obstacles to deliver a game-changing outcome just in time for the critical harvest season.
Our client, balancing their own company with work for others, sought funding for a set of 2013 Tipper Trailers to seize a growth opportunity. Despite only three months of GST registration, their strong industry experience, property backing, and handshake agreements for ongoing work from farms to ports made this a promising deal. However, the path to approval was far from straightforward. Rockliff Finance stepped up, meticulously preparing a three-year cashflow forecast and leveraging the client’s proven income history to build a compelling case for lenders.
We identified four lenders with an appetite for this deal, but the road was bumpy. After securing a verbal approval, one lender unexpectedly backed out, costing us three precious days as the harvest season loomed just a week away. Undeterred, our team quickly pivoted, workshopping solutions and securing approval from another lender who had initially hesitated due to the short GST period. By highlighting the client’s impeccable repayment history with another lender and our track record of delivering solid deals, we got the deal across the line.
The challenges didn’t end there. On settlement day – a tense Friday afternoon – we hit a final hurdle: the trailers were registered in the vendor’s personal name, not their company. With time running out, Rockliff Finance worked swiftly with the lender to resolve the issue, finalising the transaction at 5:28 PM. This ensured the client could collect the trailers on Saturday and have them operational in the fields by Monday morning.
This deal was more than just financing – it was about empowering our client to transform their business, moving from small-scale operations to securing consistent contract work. At Rockliff Finance, we’re committed to fighting for our clients, overcoming every obstacle to deliver results that fuel their growth and success. Our dedication and industry expertise have earned us a strong reputation for going above and beyond, no matter the complexity of the deal.
For all your business asset finance needs, Rockliff Finance is your trusted partner. Contact Tom today to discuss how we can help drive your business forward with tailored financing solutions.
Tom Rockliff – Your Asset Finance Expert
Rockliff Finance – Asset Finance Specialists
Phone: 0400 710 877
Email: [email protected]
Website: www.rockliff-finance.com.au
Rockliff Finance – Your Partner in Growth!
Trailers | Equipment | Earthmoving | Construction | Finance | Farm Machinery | Commercial Finance | Finance Broker | Equipment Finance | Business | Business Finance | Broker | Lender |Trucks | Farmer | Equipment | Loan | Happy | Truck Driver | Client | Professional | 5 Star | Truck Finance | New Truck | Used Truck | Dealer Sale | Private Sale | Mortgage Broker | Australia | Queensland | Dream
#RockliffFinance #BusinessFinance #AssetFinance #Agriculture #SuccessStory