Case Overview
Aiming to enhance their grain seeding capabilities, our client sought to acquire a penetrator planter for their expansive farmland. With insufficient funds to purchase new equipment, they opted to acquire a second-hand unit at an auction.
Dealing with Financial Barriers
Our team assisted the client in overcoming significant financial hurdles:
- Pre-approval for Auction Bidding: We secured a $150,000 pre-approval within 30 minutes, enabling our client to bid confidently at the auction.
- Alternative Documentation Provision: Initially hindered by the inability to provide a Certified ID of the trust appointer, a key lending requirement—we collaborated with the lender’s business development manager to accept alternative documentation.
Efficient Financing Outcome
Through proactive engagements with the lender, we expedited the pre-approval and revised approval conditions, streamlining the process from pre-approval to settlement within just one week. This rapid resolution ensured our client could promptly utilise the penetrator planter on their farm.
Expertise in Asset Financing
Our experience extends across a variety of primary assets. We facilitate quick and effective financing solutions for essential equipment like forklifts, excavators, tractors and CNC machines.
George Dib is a trusted leader in asset finance and general insurance, with extensive experience in helping agencies and business owners succeed. As Co-Founder of Co-Pilot, George is driven by a vision to simplify complex financial and insurance processes, making them more accessible and effective for businesses. His expertise is central to empowering agencies to grow sustainable operations while delivering real value to their clients. George’s focus is on creating a unified approach by integrating Business Finance and Insurance into a single offering for Co-Pilot agencies. By equipping agents with the right tools, training, and support, George ensures they can build strong, sustainable businesses that stand out in the market.
