Finance solution case studies

How Fusion Money has helped its clients

Case Study 1

An innovative loan structure for a business critical asset

Key Facts

  • The new client was an existing customer of a finance introducer.
  • The client had three years remaining on his truck finance contract with his bank.

The Client's Problem

The business asset had an engine breakdown needing a new engine for $35,000. As the repair to the engine was a working capital requirement, his existing bank declined the transaction for this quality long term client.

Fusion Money's Solution

  • Fusion Money proposed a new two year lending facility to refinance the existing loan (payout the existing Chattel mortgage to the bank of $90k) and pay for the new engine for the truck for $35k.
  • The new lending facility of $125k provided by Fusion Money took security over the truck and the new engine and additional security over another truck of the business.
  • The additional security was necessary to mitigate the loan risk to Fusion Money as the payout and new engine was valued at less than the new facility loan.

Case Study 2

A fast turnaround to assess, approve and settle a business loan

Key Facts

  • The client wanted to purchase an air conditioning business for $300,000.
  • The client required a loan of $150,000 to complete the purchase.

The Client's Problem

The client approached its bank of 25 years for a business loan. After two months the bank had not approved the loan. The client was anxious as settlement on the purchase was due within 10 days.

Fusion Money's Solution

  • Fusion Money was approached to assist in financing the purchase.
  • Assessment, approval and settlement were achieved within 10 days and the client was able to complete the purchase.
  • The new lending facility provided by Fusion Money took security over a number of unencumbered vehicles that the business owned.