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 new courier business had won a delivery contract and needed a larger van, but had no completed financial statements and only seven months of trading history.
Credit file
610 score with one late payment recorded 18 months earlier.
The approach
What X Lend did
X Lend used a specialist low-document asset lender that assessed the delivery contract and three months of business bank statements.
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 9.69%, allowing the new delivery run to begin on time.
Historical outcome only. Rates and policy can change, and every application is assessed on its own circumstances.
Documents used
Evidence supplied
- Three months of business bank statements
- Signed delivery contract
- ABN registration
- Driver licence