Absolute Process Solutions

Like many business owners with expansion plans, the team at Absolute Process Solutions faced a funding challenge. They approached Finance Link seeking a business loan using their property equity. A key challenge popped up – one of their properties was under construction, and council sign-off was pending, leading their primary bank to decline the application.

As most business owners know, banks can be pretty strict, especially when you've got property renovations on the go. We saw the potential in Absolute Process Solutions, so we took a strategic approach. Unlike traditional banks, who often have rigid lending criteria, we focus on understanding the underlying potential of the business. We gave them straight-up advice, helping them find the best lender for what they needed. We secured approval through a partner bank that could assess the property's completed value, unlocking essential equity. The remaining funding was structured as term debt within the business, complemented by working capital and asset finance for a smooth transition.

Beyond securing the loan, we focused on understanding their specific business goals. We set up the loan with interest-only to start, giving them some breathing room, and planned for quick repayments as their cash flow picked up. Acknowledging their seasonal business patterns, we also implemented flexible working capital limits to ensure consistent cash flow throughout the year.

The results have been impressive. In just one year, Absolute Process Solutions has achieved a 30% revenue growth and continues to expand. This success story highlights how we go beyond just securing funding. We provide tailored solutions and strategic support to help New Zealand businesses like yours achieve their growth ambitions. If you're looking to expand and need a hand with funding, we're here to help.