Finance Approval – Used Kenworth T388 Prime Mover

Our client’s journey began with a clear ambition – to become an owner-driver with CEVA Logistics and take their first major step into the Australian Transport Industry. Securing Finance for their first Truck wasn’t just about purchasing a vehicle, it marked the beginning of a long term career and business venture.

The Truck they intended to purchase came with a valuable CEVA Logistics work contract, Transporting vehicles along Queensland’s east coast. This guaranteed workflow played a pivotal role in their decision to enter the industry, offering stability, consistency and a genuine opportunity to build a sustainable Transport Business from day one.

During the Finance assessment, there was a minor discrepancy between the agreed purchase price and the Truck’s assessed market value. Understanding the goodwill attached to the contract and the long term earning potential, we drew on our specialist knowledge of Truck and Equipment Finance to present the application in the strongest possible light.

While the approval process came with its challenges, our hands on experience and industry insight allowed us to navigate each hurdle efficiently. By working closely with the Lender and guiding our client every step of the way, we were able to secure the necessary Finance and help them get on the road with confidence.

Fast forward several years and the results speak for themselves. Our client has built a solid reputation as a dependable operator within CEVA Logistics subcontractor fleet. Through dedication, hard work and strategic growth, they have expanded their business significantly and now manage an impressive fleet of five Truck and Trailer combinations as part of the CEVA subcontractor network.

This success story is a testament to what’s possible with the right support, expert Finance advice, and a clear vision for the future.

KEY POINTS:

Enabling New Business A Start In The Transport Industry

Client Now A Preferred Member Of The Ceva Subcontractor Network

Business Operations Has Given Careers For Family Members

Client Now Has Numerous Funding Options Available