Putting the pedal to the metal

Ceiling 005

Transport Finance, one of Australia’s largest business and transport asset finance groups, has joined Connective Asset Finance.

Transport Finance became a member of Connective Asset Finance in September 2018. As one of Australia’s largest and most highly respected brokerages specialising in finance for small business, transportation and equipment assets, making the switch to Connective Asset Finance was a strategic move to support the future growth of the business.

“After talking to other business owners and brokers in equipment finance, the decision to move to Connective Asset Finance was easy – the recommendation within the market was first class.”

John Ryan, MD Transport Finance

Supporting an agile service approach

Transport Finance has been operating across the eastern seaboard of Australia for over 20 years. With more than 10 loan writers based in Melbourne, Geelong, Northern Tasmania and Sydney, the switch will give them more agility to meet the needs of customers who are both entrepreneurial and opportunistic in their approach to small business operation.

“As financing specialists, we work with many of our clients on an ongoing basis and get a comprehensive understanding of their business and its changing requirements. If you’re a business tendering for new work and/or need industry knowledge to assist you in contract pricing for example, you need a broker who understands so you can act fast.”

John Ryan, MD Transport Finance

Greater access to lenders

Previously, Transport Finance only had limited access to lenders. The switch to Connective Asset Finance will expand their access to our panel of over 25, giving them more solutions and competitive rates to offer their customers.

“Connective Asset Finance allows us to access 25 lenders on their panel, whilst still providing the freedom for Transport Finance to deal with another six direct lenders.”

John Ryan, MD Transport Finance

Working smarter

Our IT Platform, Mercury will introduce new process efficiencies in the Transport Finance business, saving time for brokers and assisting John to provide better supervision across all offices from one location.

“Our staff have become fully compliant with the Mercury platform in no time and the ease of access/daily use and the CRM/Marketing options provided cannot be under-estimated. I look forward to a long association with the Connective team.”

John Ryan, MD Transport Finance

Mercury helps the team stay in touch with customers and generate more business from existing clients. Reducing time on the back end will also help Transport Finance brokers spend more time meeting with clients, so they can grow their business without having to employ more staff.

“Our primary function is to help our clients find the finance that’s right for them. For many clients that means packaging a loan, so it provides low repayments. Others want loans packaged so that they are free to add additional equipment at a moment’s notice, or to consolidate existing debt and preserve cash flow. Working with Connective Asset Finance means we can focus on service and save time.”

John Ryan, MD Transport Finance

With the economy on the upturn, it’s an exciting time in the asset finance space. Transport Finance is currently settling around $90-$100 million pa and John plans to grow the business by 5-8% year on year over the next five years.

“We are delighted that Transport Finance have chosen Connective Asset Finance as their aggregation partner and look forward to assisting them to grow their business by utilising our full suite of business services.”

Brent Starrenburg, Head of Connective Asset Finance

Get in touch today!

Want to find out how joining Connective Asset Finance could help you grow your business? Contact your local Connective Asset Finance BDM today.