Increased Turnover by 30% with the Acquisition of a New Belly Dump Tipping Trailer
Customer had been operating his own truck for three years and sought to increase his business turnover by 30% through the purchase of his own new build Belly Dump Tipping Trailer.
With the client’s ABN active for over two years with GST registration, allowing us to provide unconditional approval within hours. Our approval provided customer access to $500K without the need for accountant-prepared financial statements.
After finalising the trailer transaction, the client chose to use the remaining approval limit to upgrade his older truck to a newer model – completing a totally new look for his transport business. This decision proved to be a strategic upgrade.
The combination of the new truck and trailer attracted the attention of large contractors, leading to increased work opportunities for the client. As a result, he successfully achieved his goal of business expansion and significantly increased his turnover.
This case illustrates how timely financial support and strategic investments can effectively drive business growth.
KEY POINTS:
Client increased turnover by 30%
Customer obtained additional work contacts
No financials up to $500K
Reduced maintenance costs
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