Scenario:
Client had an opportunity to purchase a piece of equipment to be utilised in an ongoing Government funded infrastructure project, where demand for such heavy equipment is extremely high.

Given the funding required and the security offered by the Borrower, there was no possibility of funding via conventional banking.

Xceda Solution:
Xceda was able approve the loan and provide funding based on the strong mix of securities available, and the projected long term earning potential of the infrastructure project. Xceda structured the loan as 3 years principle and interest to allow the Borrower the required time to maximise the earning potential of the equipment.

For more information about our Business Equipment Finance and Second Mortgage options, enquire here at info@xceda.com.au