Verified and reviewed by Corey Marino Founder & Finance Broker, FBAA member M-354085 · Diploma-qualified finance broker
Last reviewed 18 August 2026 · About Corey →
The challenge
What needed to be solved
The relatively new company wanted to stop paying subcontractors for every tipper job, but the truck was a private sale and the business had a limited financial history.
Credit file
690 director score with no defaults.
The approach
What X Lend did
X Lend found a specialist commercial asset lender that accepted the private sale and used business bank statements to verify income.
The application was approved on the first lender enquiry, avoiding unnecessary applications to multiple credit providers.
The result
Settled outcome
Approved on the first lender enquiry and settled at a historical rate of 10.89%. The private seller was paid through the verified process and the business brought the tipper work in-house.
Historical outcome only. Rates and policy can change, and every application is assessed on its own circumstances.
Documents used
Evidence supplied
- Business bank statements
- BAS
- Private-sale invoice
- Truck identification documents