Colin was able to purchase his truck and grow his business. Now he is looking at expanding even more!
Colin’s a small business owner in the transport industry, and business seems to be going well. In fact, Colin is looking for opportunities to expand and grow. To do so, he figures that he needs to invest in a new truck for his fleet.
After some searching, he finds the ideal truck for his needs through a private seller. It’s in good condition and the right match for what Colin has in mind. The only thing left to do is to find the right loan to finance the purchase. Then he can put it to work and start making money!
But the banks had a different idea. Because Colin’s business is set up as a trust and that the seller is private, banks were reluctant to offer loans. As a result, Colin was finding it difficult to find the right truck finance that was suited to his growing business. Luckily, he found Rapid Finance.