Truck Owner Operator
Our client was working as a truck driver with transport company based in Melbourne for the last 5 years. He decided to buy his own truck to become an owner operator. He was knocked back by two lenders as he didn’t have any experience in running a business. He approached us and we looked at his profile carefully, with 20% deposit, we were able to secure the approval for our client within 48 hours. The process went very smoothly, and he was very happy with the result.
Personal Information Handling
We were approached by a client who was very sensitive about his credit file. We explained everything upfront about our process of handling personal information. As it mentions in our privacy policy, we do not run any credit checks automatically, every application is manually assessed by our professional before we present this to the lender. We were very transparent with the client about when and how the credit check will be conducted. He was very happy with the result. For more information about the credit checks, please click here.
Truck Loans during COVID-19
Our client was looking to purchase an additional truck for his company which was required for his business, but due to COVID-19 he had stopped most of his current commitments. None of the lender were interested in looking at his application even though the client’s asset position was very strong. When he approached us, we understood his current circumstances, and with some small adjustments, we were able to get this across the line without any hic cups.
Loans Approval With Active Dispute
A major transport company was looking to purchase a Bin Truck which was valued at more than $315,000. Unfortunately they had a commercial dispute listed against their company’s credit file. Our client previously tried with few lenders and they asked him to settle the dispute before they would provide any further lending. When he approached us, we did a full analysis of the application and found that the dispute that our client had shouldn’t impact the application. Without hitting any credit checks, we ran the information past a few lenders and as soon as we explained the situation, they were all happy to take the application. So with a bit of magic, which we call our experience, we were able to secure the loan, and within 36 hours, we were able to get the full funding for the truck without any deposit. Our client was very happy with the result. Now we can proudly say that this client is on our books and we have secured around 2.5 million dollars’ worth of loans since then.
