Transport · VIC
A$200k-250k truck and trailer finance arranged, settled in 12 days
Overview
A start-up transport business, backed by an owner with a history in the industry, needed finance for a truck and trailer combination. Most lenders will not consider a start-up, so Finstead placed the deal with a bank, and it settled in 12 days.
The problem
The owner was starting a new business, and most lenders will not look at start-ups.
What Finstead arranged
Settled finance for a truck and trailer combination for a start-up transport business with a bank in 12 days.
Deal at a glance
- Industry
- Transport
- Location
- VIC
- Facility
- Truck and trailer finance
- Amount band
- A$200k-250k
- Time to settle
- 12 days
Related finance
An anonymised example of a settled deal. Amounts are shown as a band and details are summarised so no client can be identified. Past results do not guarantee future outcomes. Finstead arranges finance and does not lend.