G’day, Aussie business owners! Are you looking to take your growing enterprise to the next level with the right equipment, but worried your financial history might hold you back? At Rockliff Finance, we’ve got your back, no matter the hurdle. Let us share a recent success story that shows how we turn “no” into “yes” for our valued clients.
One of our top clients, a thriving Australian company with cracking revenue and big growth plans, came to us needing funding for a Portafill and Wheel Loader to power their next project. The deal was a straightforward private sale from a local company-simple, right? But here’s the catch: their repayment history threw a spanner in the works. Over the past 12 months, they’d consistently missed loan repayments by 2-3 days. While they always caught up and weren’t behind on any loans, lenders don’t take kindly to late payments, and this made securing funding a tough gig.
Late or missed repayments aren’t a deal-breaker, but they can make the road to funding a bit bumpy. Lenders want to see businesses that run like a well-oiled machine, meeting commitments on time, every time. Our advice to all businesses? Stay on top of your repayments, and if you’re ever running late, give your broker a heads-up. A little communication goes a long way!
At Rockliff Finance, we don’t just give up when the going gets tough. We rolled up our sleeves and shopped the deal around to multiple lenders. Most said “no” due to the client’s repayment history, and some required a hefty deposit. But we weren’t about to let our client down. Through persistence, hard yakka, and our deep industry know-how, we secured a funding option with no deposit – just a slightly higher repayment. The client walked away with the equipment they needed to keep their business charging forward, and they learned a valuable lesson about the importance of timely repayments.
At Rockliff Finance, we treat every deal like it’s our own. We know every client is unique, and we work tirelessly to find the right funding solution tailored to your needs. Whether you’re a booming business with a few hiccups or a startup ready to make your mark, we’ll go the extra mile to get you across the line. Don’t let a less-than-perfect repayment history stop you – let us help you turn challenges into opportunities.
Ready to fund your next big move? Contact Rockliff Finance today and let’s make it happen. Visit our website or give us a bell to see how we can support your business growth with the right finance solutions, crafted just for you.