The Challenge Presented
Negotiating the Solution
Given the nature of the transaction, we reviewed our panel of Specialist Lenders and selected those we felt most suited to this type of financing.
We then met Credit to determine their appetite and to understand what was needed to allow their participation.
Negotiations extended over a number of meetings with elements of the initial Proposal refined.
A Good Customer Outcome Achieved!
This was far from a straight forward transaction but is a great example of what can be achieved when Lenders, Brokers and Business Owners, work together to find a solution to a financing need.
Being able to meet and negotiate directly with the Lenders Credit Personnel to understand their appetite and concerns was critical to the outcome we were able to achieve.
If you have an Equipment Finance need and would to discuss how The 500 Group may be able to assist, don’t hesitate to give me a call on 0433 210 353