This week on the Loanplace blog, we’re pulling back the curtain on three real-life success stories.
When people apply for a loan with us, no matter whether it’s a small loan or finance for a major purchase, our aim is always the same:
We want to help our customers improve their long-term financial situation by access fast, fair finance solutions that suit their specific needs and background.
And we’re pleased to be able to share with you today three stories of customers we’ve proudly served in the past few months.
These are everyday Kiwis who found us online, applied for a loan and worked with one of our dedicated consultants to find a solution that would allow them to borrow the right amount of money under the right conditions.
See for yourself!
(We’ve changed their names to protect their privacy.)
From Out of Business to Making $40,000 a Month
Rob is a business owner who unfortunately had to deal with the failure and closure of his business.
Not long after though, he got the opportunity to become an ‘owner driver’ for a container transport freight company.
The only hitch was that he had to find $140,000 to buy his own truck and trailer before he could get started.
How could Rob possibly go from dealing with a collapsed business to finding that much money to start work with the new firm?
He called us.
We quickly analyzed Rob’s situation and income potential, and helped him obtain a loan for the new truck.
Rob only had to provide a small deposit and use the truck as security on the loan.
He’s now up and running with his new small business, generating $40,000 a month in revenue.
Mortgage Cleared and Property Project Complete!
Damian had been building a house in Queenstown over the past couple of years but had gone over budget (as building projects often do) and found himself $100,000 away from finishing.
Because he was self-employed, the banks required two years’ worth of financial statements in order to lend Damian the funds he needed to complete his new building.
Luckily for him, Damian found Loanplace.
We were able to help him arrange a $780,000 mortgage refinance that cleared the existing mortgage and advanced him the funds to finish the project.
Today, the building is complete and Damian recently rented it to his first tenants.
A $50,000 Loan Facility Approved in Just 2 Hours
Janet runs a food truck company. Business had been going well, so she was looking to expand her fleet and buy a late model Isuzu to help serve more customers.
She started looking around for a lender to help her finance the new truck.
Unfortunately, Janet had difficulty proving a stable income and found that most lenders deemed her to be a high risk customers (she already had multiple trucks on finance).
But when she spoke with us, we dove a little deeper into her situation.
As a property owner who’d be running a successful business for 10 years, Janet was not the high risk our competitors told her she was.
In just two hours, we had approved a $50,000 loan for Janet’s new truck.
Her business is now growing even more successful and she’s thinking about working with us again to finance another truck!
There you have it.
These are just three of the hundreds of success stories we’ve shared with everyday Kiwis here at Loanplace.
If you have any questions about obtaining fast, fair finance, we’re happy to help.
Get in touch with us on 0800 461 228 or email us directly at [email protected].