Incorporating a distinctive point of divergence can prove to be a crucial aspect of a business's marketing strategy. This differentiation can effectively distinguish your enterprise from competitors, providing a competitive advantage when pursuing work contracts and tenders.
However, while being 'distinct' or possessing unique requisites can be advantageous in some contexts, it may not always yield the same outcome when seeking business finance. If you and/or your business fail to align with the stringent criteria imposed by banks and certain lenders for truck loans, your distinctive features could result in a negative response rather than a positive one. This could potentially lead to the rejection of your truck loan application or the failure to secure loan terms and conditions that align with your business objectives.
At Jade Truck Loans we take a different attitude to businesses with individual truck loan requirements with our comprehensive range of lender services, our approach to securing finance and our individual treatment of every truck loan application. We ‘work it’ to deliver custom truck finance solutions for our customers.
How Jade Truck Loans ‘Work it’
In our capacity as your lender, we go beyond merely submitting the loan application to the bank in your stead. Our approach involves identifying a lender that aligns with your specific requirements, and then engaging in negotiations to secure favourable interest rates and loan terms that are tailored to your business goals.
Within our extensive network, we tap into both banks and non-bank lenders to uncover the most advantageous truck loan deals. Notably, many of our lenders operate exclusively within the industry and may not be directly accessible to businesses. These non-bank lenders often exhibit a greater degree of flexibility compared to certain banks, particularly when dealing with loan applications that don't perfectly align with conventional bank criteria.
Loans that Work for You
We recognise that truck operators have individual financial objectives and there are different business structures available under Australian corporate law that have different tax and other formats. To cater for all the ‘different’ businesses, Jade offers the full range of commercial finance facilities for truck loans:-
- Rent-to-Own
- Chattel Mortgage for truck financing
- Leasing
- Commercial Hire Purchase
Our customers can select exactly which finance product has the features and benefits that will work to achieve a better bottom line for their operation across the term of the loan. We negotiate the elements and ensure fixed interest rates, fixed loan terms and fixed repayments so you can implement your business plan in line with cash flow.
Specialised Services
We know that not everyone fits into the cookie cutter loan application profile and can tick every box on a bank loan application form. We’ve been operating in the truck lending sector for a long time and we know the challenges and the opportunities the industry has to deal with.
To assist operators that do not meet all the loan application requirements as set out by some lenders, Jade Truck Loans provides specialised lender services:-
- Low Docs No Docs and ABN only Truck Loans: highly sought after for operators just starting up and who don’t have all the financial documents and accounts requested by some lenders. We have access to lenders that offer cost-effective solutions to these applicants. Jade consultants are experts in sourcing and negotiating this type of loan.
- Bad Credit: As expert business lenders with extensive experience, Jade Truck Loans takes on customers with poor credit issues where many other lenders will not. There can be possibilities to achieve an acceptable loan outcome and your Jade consultant will be ‘working it’ to deliver a satisfactory result for your loan.
Working the Loan Structure
Completing a loan application and forwarding it for review by a lender represents just the foundational phase in the pursuit of an affordable and tailored truck loan. Jade consultants possess the expertise and acumen to meticulously format and structure each loan in accordance with individual objectives. This process commences with the negotiation of the most competitive interest rate – our guiding principle, primary objective, and the force that propels us forward. However, this marks only the initial stride.
While we strongly advise customers to consult their accountants regarding the selection of loan products, your Jade consultant will collaborate with you to meticulously shape your loan to align with your unique requirements.
Some businesses will be wanting to pay off the loan faster to own the truck sooner. Others need to keep repayments within affordable cash flow limits. Jade negotiates with lenders on achieving the most attractive loan term and the balloon/residual amount that can work positively for each individual operator.
Working with All Businesses
The services of Jade Truck Loans are not restricted to any particular size or category of a business. We work with large fleets, small owner-operators, family businesses, SMEs and sole traders to achieve individual truck loan solutions.
To make your business ‘point of difference’ work for you in regards to a cost-effective truck loan, engage Jade Truck Loans to work for you.
Contact Jade Truck Loans to discuss your truck finance requirements on 1300 000 003.
DISCLAIMER: THE INFORMATION AND THE DETAILS WHICH HAVE BEEN INCLUDED IN THE ARTICLE IS PROVIDED AS GENERAL INFORMATION ONLY. THERE IS NO INTENTION THAT THIS BE THE ONLY SOURCE OF FINANCIAL INFORMATION FOR THE READER. IT IS INTENDED AS GENERAL IN NATURE. IF A READER CONSIDER THEY REQUIRE FINANCIAL ADVICE AROUND THEIR OWN PERSONAL FINANCES, THEY ARE DIRECTED TO CONSULT WITH A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED FOR ANY ERRORS OR MISREPRESENTATIONS OF DATA, FIGURES, FEATURES AND INFORMATION AS SOURCED FROM OTHER SOURCES SUCH AS MANUFACTURERS OR GOVERNMENT DEPARTMENTS AND AUTHORITIES.
