Overcoming Credit Setbacks
The Problem
One of Nova’s valued clients faced a challenging credit setback due to a default judgment resulting from a commercial dispute.
This client has a strong business and good conduct with existing asset finance lenders, however due to this dispute, encountered a distressing credit setback.
As their existing lenders hesitated to provide further funding, our client’s business was at risk of stagnation.
The situation called for urgent action and a new approach to secure funding for business expansion.
The Result
At Nova Cash Flow Finance, we take pride in our agility and ability to act quickly.
Recognising the gravity of the circumstances, our team immediately stepped in to assess the client’s needs.
Our rent-to-own asset rental facility emerged as the perfect solution.
Unlike other lenders who hesitated for weeks, Nova Cash Flow Finance acted decisively and approved the deal within a matter of days.
By doing so, Nova Cash Flow Finance was able to provide the client with vital assets they required to continue their operations and seize growth opportunities.