Finance Approval – New Mercedes Tip Truck and BTE Quad Dog Trailer

An existing Civil Transport client needed to expand their operations by acquiring an additional Tip Truck and Quad Dog Trailer to meet the requirements of a new contract with Holcim, a key business partner. This expansion was essential not only to deliver on the new work contract but also to maintain their reputation as a reliable subcontractor within the Holcim fleet.

The challenge was that the income from the new Truck and Trailer had not yet been reflected in the client’s current financial statements. Traditional Lenders often rely on the previous financial year’s records, which would have made securing Funding difficult. To overcome this, we applied our BAS Pathways policy, which allowed the Funding assessment to be based on the last 12 months of business activity statements rather than solely on historic financials.

This innovative approach meant the client could access the Finance they needed quickly and efficiently, without being held back by the timing of their annual accounts. The client was able to acquire the additional Truck and Trailer, ensuring they had the capacity to meet the demands of their new Holcim contract.

The outcome was clear: the client maintained and strengthened their relationship with a major partner, delivered their contract efficiently, and expanded their operational capacity without unnecessary delays. By providing a tailored Finance solution that matched the client’s unique circumstances, we helped them continue to grow their business, demonstrate reliability and seize new opportunities.

KEY POINTS:

Innovative Funding Option

BAS Lending Policy / Reduced Reliance On Financials

Enabled Client To Obtain Additional Work Contract With Holcim  

Growth Of Family Owned Business