Case Description
Scenario:
We got this customer funded a month back, but the approved loan amount fell short of his requirement due to already existing loans and serviceability in the business.
The customer required these funds to complete the ongoing expansion of the centre to increase the intake capacity.
Action:
We were aware of their additional funding requirement and continued to keep looking out for them without setting any expectations. With our perseverance to assist our customer, we found a lending partner who understood the rationale behind the additional funding requirement and gave us the preapproval. We presented this offer to our customer who was more than happy to accept the offer.
Result:
At Broc finance, we believe in going extra mile to help our customers in achieving their goals. The customer was thrilled and delighted that we didn’t give up and kept looking out for them and ultimately were able to help them with much needed funding for their business growth.
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Details
Date: June 2021
Funded: $36,600
Industry: Childcare Services, New South Wales, Australia
Product: Unsecured Business Loan
Lender: Capify