Business
Success Stories
Tales from some
of our valued
business clients.
of our valued
business clients.
Mitch chose to partner with Funda when he needed access to fast funds without fuss. While moving his successful Brazilian style barbeque restaurant to a new location, he ran into a cash flow shortage and urgently needed funding to finish off the build of the new space. Funda provided an outcome within 24 hours from Mitch’s application and he was able to focus on finishing the build and opening his restaurant back up to the public as soon as possible.
By providing Meet restaurant with a fast & fair business loan, Mitch was able to forge ahead and complete the location transition in a timely manner to minimise the financial impact of the no trade period. Mitch now is up and running with a space double the seating capacity of his old restaurant.
A Selection Of Client Success Stories
Dean Little, Founder, Ocean Playground
- Funda’s small business loan meant investment in tools which has improved productivity by 20% in 6 months.
- Access to cash within 12 hours vs 30 days to access to bank loan.
- Repaid loan in 6 months.
- Won the Innovation prize in the 2017 Hunter Manufacturing Awards.
James Sneddon, Hospitality Entrepreneur
- Halved interest rate fees since partnering with Funda. From 40% to 24% per annum.
- Reduced weekly repayments by 60% due to lower fees and longer term.
- Result: Free up cash flow to manage wages and supplier costs.
- Partnered with Funda over a 3-year period.
Jason Oliver, Sol Invictus
- Increased revenue from $0 to $2 million in 4 years.
- Small business loans from Funda has secured this growth.
- Has been a Funda finance partner for 4 years
Ben Donaldson, Builder and Founder of Magnetic Shoes Co.
- Started business March 2017.
- Experienced a frustrating knock-back for bank loan with 60% on pre-order from Australia’s leading building supplier Stratco.
- Got access to $80,000 loan from Funda within 12 hours.
- Turned $80,000 loan into $260,000 in revenue.
- Projected to sell 6,000 pairs of shoes in first year of business.
More Funda customers
Christmas
Shop
The owner applied for a line of credit to get ready for Christmas trade. She used the funds to improve her website, build up stock levels and redesign their store.
Farming
Business
We extended a loan to a rural farming business that will equip him with the funds he needs to ensure he can purchase enough feed for his animal stock while the area is experiencing drought.
Civil Building
Business
Having completed large projects, their reputation awarded them another large contract. The line of credit allowed them to take on the additional work without the associated cash flow pressure.
Gym Supply
Retail Store
A business owner wished to refinance a loan from a different provider. Our loan worked out to be cheaper than his current loan repayments – even with borrowing extra money to invest in more stock.
Buying
a franchise
By taking external factors into consideration we provided a tailored finance solution. We don’t only rely on computer algorithms, we also get one of our team to assess every loan application.
Gourmet
foods business.
A retailer applied for a business loan to increase stock levels and pay down suppliers. The owner was able to get into a better financial position, by negotiating better supplier discounts.
Growing a
cafe franchise
Our customer runs a café franchise. They approach us about our line of credit product as they needed to fit out two new stores for a franchisee before they would receive payment for the franchise.
Beautician
adding services
They wanted a loan to expand their business’s offering to include laser services. Purchasing the asset enabled the business to attract new customers, as well as up selling to their existing base.
Magazine
Publication
A Business news publication was seeking a $20,000 loan to increase online marketing presence and cash flow for production of the magazine.
Peace of
mind
A rehabilitation provider approached us for a line of credit facility. The Director was seeking the funds to maintain positive cash flow within her business while she planned to be away on an international business trip.
Scaffolding
Business
A Line of Credit allowed the company to confidentially take on more work as they have the funds ready to start work before they receive their payments. This Industry requires upfront payments in order to commence works
Construction
company
This construction business wanted to refinance an existing business loan and credit card debt. We were able to consolidate the debt, simplifying their obligations plus providing better terms and a lower interest rate. Saving them money.
Service
station
Funda provided a $20,000 Line of Credit facility which minimised the business’ risk and allowed them to be covered and prepared based on their current and future levels of demand.
Property
Management
The firm took out a $50,000 Funda Line of Credit facility to ensure stability as COVID-19 impacted their operations.
Our facility ensured job security for their employees as well as adjusting their structuring.
Our facility ensured job security for their employees as well as adjusting their structuring.
Massage
parlour
With increased demand they decided it was time to expand. They took out a line of credit which provided them with peace of mind to continue trading at their current site, whilst refurbishing a new site.
Reticulation
and Gardens
The company persisted well through the tough COVID period but had to deal with some financial strain due to less work being available. By Funda providing the loan, the business was able plan and prepare for the future.
Event
Company
An events project management company needed a $15,000 line of credit. Due to COVID, their industry was halted. By providing a Line of Credit facility to this business, they were able to be prepared for the few upcoming jobs they had booked.
Event
Company
A gym saw a lot of growth once the COVID restrictions lifted and people started going back to gyms. Due to this fast growth, the business needed to move premises (fit out and equipment) to accommodate their growing demand and increase in customers.
Get Your Loan Assessed Within 24 Business Hours Or Pay No Interest For The First Month.
Right now, we’re looking to help out MORE hardworking Australian small business owners with fast, fair and friendly finance. So speak with us about a small business loan. It takes just 15 minutes on the phone for us to get you on your way to a personalised loan assessment.
We’ll lay out exactly what we can offer you, exactly how much you can expect to repay each week or month, and exactly what your total repayments will be. We will never hide fees or mislead you about the terms of our loans. If you would like to repay your loan sooner, you can without any additional fees or charges.
If we can’t get your loan assessed within 24 business hours, we’ll waive the first month’s interest payments. For fast, friendly, fair finance, speak with us NOW.