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Client Success Story!

A common theme in the broker space is a focus on the upcoming transaction without a long term strategy, without knowing the businesses long term objectives and their reason for the first transaction.

Here at Bloomfield Financial we find out the why and offer multiple lending solutions to get you there.

We recently helped one of our new clients move into automation to sustain their large government contracts - an area of the business they had previously outsourced. Bloomfield Financial assisted in the purchase of a three stage automation machine that needed parts bought from around the globe, which will see an exponential rise in revenue for the business once the production line is completed.

We were also able to help wipe two trade defaults from our clients credit file as well, a common issue amongst businesses applying for finance. Removal of these defaults will allow them easier access to funds in the future, which will be key as they take on larger contracts and purchase more automation machinery.

A thorough review of the business’s current position, current tenders and pending tenders indicate this is a business on the rise and requires more than just equipment finance to grow and remain cash flow positive. With the new tenders on 30 day end of month payment terms, we were also able to set them up with a flexible Debtor Facility, against their debtor book with a facility limit that will grow as the business grows.

We were also able to set them up with a Line Of Credit to assist with wages, overseas equipment purchases and business operating costs. Despite a significant tax debt, we were able to mediate between the client's accountant and our lender partners to advise the client's current position VS future position to secure funding.

This result was a great outcome for our client who experienced a downturn during Covid. However, with an unprecedented growth forecast for the next 5 years we were able to give them the right advice and financial products for sustained growth over this coming period, and will continue to work closely with the business to help them achieve their growth goals.

#ClientSuccess #AssetFinance #LineOfCredit #BrokerDealer #DebtorFinance #SMELending #BloomfieldFinancial
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Client Success Story!

A common theme in the broker space is a focus on the upcoming transaction without a long term strategy, without knowing the businesses long term objectives and their reason for the first transaction. 

Here at Bloomfield Financial we find out the why and offer multiple lending solutions to get you there.

We recently helped one of our new clients move into automation to sustain their large government contracts - an area of the business they had previously outsourced. Bloomfield Financial assisted in the purchase of a three stage automation machine that needed parts bought from around the globe, which will see an exponential rise in revenue for the business once the production line is completed.

We were also able to help wipe two trade defaults from our clients credit file as well, a common issue amongst businesses applying for finance. Removal of these defaults will allow them easier access to funds in the future, which will be key as they take on larger contracts and purchase more automation machinery.

A thorough review of the business’s current position, current tenders and pending tenders indicate this is a business on the rise and requires more than just equipment finance to grow and remain cash flow positive. With the new tenders on 30 day end of month payment terms, we were also able to set them up with a flexible Debtor Facility, against their debtor book with a facility limit that will grow as the business grows.

We were also able to set them up with a Line Of Credit to assist with wages, overseas equipment purchases and business operating costs. Despite a significant tax debt, we were able to mediate between the clients accountant and our lender partners to advise the clients current position VS future position to secure funding.

This result was a great outcome for our client who experienced a downturn during Covid. However, with an unprecedented growth forecast for the next 5 years we were able to give them the right advice and financial products for sustained growth over this coming period, and will continue to work closely with the business to help them achieve their growth goals.

#ClientSuccess #AssetFinance #LineOfCredit #BrokerDealer #DebtorFinance #SMELending #BloomfieldFinancial

Bloomfield Financial Client Success Story!

Our client required a flexible working capital solution for his successful steel fabrication company that just won major contracts. Hence, to ensure they had sufficient cash retention to complete these projects, we placed them into a trade line credit facility. This would help fund, sustain growth & maintain a healthy bottom line for the business.

Additionally, we were also able to implement a capital solution for our client’s established Mechanical business, which helped push their supplier terms out to a more manageable time frame and create a more liquid business.

Freeing up the cash flow in turn, allowed them to consider purchasing a new Maeda 305 Crane rather than contract this out, driving more revenue into the business, approved under the same assessment.

We then carried out a thorough review of the businesses current and future objectives to understand how we can provide ongoing financial support.

At Bloomfield Financial we aim to cater to businesses across various industry sectors for all of their commercial finance needs.

Book in a consultation with the team to see how we can help you enter a growth period with confidence.

#ClientSuccessStories #LendingSolutions #Team #CashFlowManagement #CustomerRelations #RelationshipBuilding #BloomFieldFinancial
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Bloomfield Financial Client Success Story!

Our client required a flexible working capital solution for his successful steel fabrication company that just won major contracts. Hence, to ensure they had sufficient cash retention to complete these projects, we placed them into a trade line credit facility. This would help fund, sustain growth & maintain a healthy bottom line for the business. 

Additionally, we were also able to implement a capital solution for our client’s established Mechanical business, which helped push their supplier terms out to a more manageable time frame and create a more liquid business. 

Freeing up the cash flow in turn, allowed them to consider purchasing a new Maeda 305 Crane rather than contract this out, driving more revenue into the business, approved under the same assessment. 

We then carried out a thorough review of the businesses current and future objectives to understand how we can provide ongoing financial support. 

At Bloomfield Financial we aim to cater to businesses across various industry sectors for all of their commercial finance needs.

Book in a consultation with the team to see how we can help you enter a growth period with confidence. 

#ClientSuccessStories #LendingSolutions #Team #CashFlowManagement #CustomerRelations #RelationshipBuilding #BloomFieldFinancial

I am delighted and proud to announce the launch of our fundraising partnership with the renowned Chris O'Brien Lifehouse.

Chris O'Brien Lifehouse is truly an amazing institution, committed to improve the quality of life for those battling cancer and have been a shining light for many impacted families across the county.

Since the passing of my Father just before Christmas in 2019 after a near 2 year battle with Brain Cancer, I have been looking for an avenue to channel the unrest of his passing into something positive for the broader community. What happened to my family is unfortunately, not a unique story, as there are thousands of families going through this every day.

Today, I share my story in the hope to raise awareness & much needed funding to ease the financial costs associated with fighting serious illnesses such as cancer.

In Australia today, there are more than 1.1 million people either living with cancer or who've survived a diagnosis - it is a serious illness and comes without warning - the impacts are far reaching and devastating.

We hope that through working with our generous business partners, lending partners, customers and industry colleagues that we can raise funding that leads to more happy endings for other families.

To show our support, Bloomfield Financial is donating $10,000 in funds to Chris O'Brien Lifehouse. These funds will go directly towards supporting rural and regional Australians with innovative and holistic cancer care.

We welcome & encourage those who have gone through similar experiences to share their stories and support this amazing cause via a donation to their fundraising page.

donate.mylifehouse.org.au/bloomfield

Every penny counts and your proactive support can truly change lives.

#CancerAwareness #DonateForACause #SpreadHappiness #Fundraising #CorporatePartnerships #BloomFieldFinancial #Chrisobrienlifehouse #CancerCare #ChooseHope #Rural #BowralNSW
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I am delighted and proud to announce the launch of our fundraising partnership with the renowned Chris OBrien Lifehouse. 

Chris OBrien Lifehouse is truly an amazing institution, committed to improve the quality of life for those battling cancer and have been a shining light for many impacted families across the county. 

Since the passing of my Father just before Christmas in 2019 after a near 2 year battle with Brain Cancer, I have been looking for an avenue to channel the unrest of his passing into something positive for the broader community. What happened to my family is unfortunately, not a unique story, as there are thousands of families going through this every day. 

Today, I share my story in the hope to raise awareness & much needed funding to ease the financial costs associated with fighting serious illnesses such as cancer. 

In Australia today, there are more than 1.1 million people either living with cancer or whove survived a diagnosis - it is a serious illness and comes without warning - the impacts are far reaching and devastating. 

We hope that through working with our generous business partners, lending partners, customers and industry colleagues that we can raise funding that leads to more happy endings for other families. 

To show our support, Bloomfield Financial is donating $10,000 in funds to Chris OBrien Lifehouse. These funds will go directly towards supporting rural and regional Australians with innovative and holistic cancer care.

We welcome & encourage those who have gone through similar experiences to share their stories and support this amazing cause via a donation to their fundraising page. 

https://donate.mylifehouse.org.au/bloomfield

Every penny counts and your proactive support can truly change lives.

#CancerAwareness #DonateForACause #SpreadHappiness #Fundraising #CorporatePartnerships #BloomFieldFinancial #Chrisobrienlifehouse #CancerCare #ChooseHope #Rural #BowralNSW

Comment on Facebook

Good on you Harry, what a legacy for Jim… brings tears to my eyes xxxx

Bloomfield Financial Pty Ltd to provide "Kickstarter" Loans For Businesses Post Lockdown:

With 62.4% (data as of 10th of October) of the Australian population over the age of 16 now fully immunised, the country is on track to soon experience new & exciting freedoms.

#FreedomDay was celebrated by residents across NSW yesterday, when the state surpassed the 70% fully vaccinated mark. This means residents can attend outdoor gatherings & travel beyond the 5km limit, among other things. But most importantly, retail & hospitality sectors as well as gyms reopen their doors & welcome back vaccinated patrons.

With everyone looking forward to their first meal & in store shopping experience out of lockdown, we encourage those in the community to support these industries the best way they can.

But with the ease of restrictions in place, it’s also important that businesses have their business contingency plans, equipment and finances in order to make the most of post-lockdown opportunities and demand.

At Bloomfield Financial, we understand that many businesses are still struggling to reopen due to lack of funding & revenue. For events and hospitality based businesses, Bloomfield Financial has access to loans to help kick start covid impacted businesses and help them get back on track. This access even extends to business owners who have generated $0 during July 2021- Sep 2021 and who would otherwise be turned down for a loan application at their banks.

What’s special about these loans?

- Credit assessment is based on pre-lockdown turnover and recalculated in reflection of the decline in revenue

- Repayment holidays are available

- Options to refinance after 4 successful payments

We now also have funders looking to support hospitality and fitness businesses with a 2% discount rate on equipment deals in these industries approved by 31st December and settled by 31st January 2022.

We look forward to playing a small role in helping these industries get back on their feet and support their financial and entrepreneurial journey.

To find out how we can be of assistance, please visit our website, or alternatively give us a call on 0432 646 364.

www.bloomfieldfinancial.com.au/

#SMELending #BusinessOpportunity #FinancialSolutions #IndustryInsights #BloomfieldFinancial
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Bloomfield Financial Pty Ltd to provide Kickstarter Loans For Businesses Post Lockdown: 

With 62.4% (data as of 10th of October) of the Australian population over the age of 16 now fully immunised, the country is on track to soon experience new & exciting freedoms. 

#FreedomDay was celebrated by residents across NSW yesterday, when the state surpassed the 70% fully vaccinated mark. This means residents can attend outdoor gatherings & travel beyond the 5km limit, among other things. But most importantly, retail & hospitality sectors as well as gyms reopen their doors & welcome back vaccinated patrons. 

With everyone looking forward to their first meal & in store shopping experience out of lockdown, we encourage those in the community to support these industries the best way they can. 

But with the ease of restrictions in place, it’s also important that businesses have their business contingency plans, equipment and finances in order to make the most of post-lockdown opportunities and demand. 

At Bloomfield Financial, we understand that many businesses are still struggling to reopen due to lack of funding & revenue. For events and hospitality based businesses, Bloomfield Financial has access to loans to help kick start covid impacted businesses and help them get back on track. This access even extends to business owners who have generated $0 during July 2021- Sep 2021 and who would otherwise be turned down for a loan application at their banks.

What’s special about these loans? 

- Credit assessment is based on pre-lockdown turnover and recalculated in reflection of the decline in revenue 

- Repayment holidays are available 

- Options to refinance after 4 successful payments

We now also have funders looking to support hospitality and fitness businesses with a 2% discount rate on equipment deals in these industries approved by 31st December and settled by 31st January 2022. 

We look forward to playing a small role in helping these industries get back on their feet and support their financial and entrepreneurial journey. 

To find out how we can be of assistance, please visit our website, or alternatively give us a call on 0432 646 364. 

https://www.bloomfieldfinancial.com.au/

#SMELending #BusinessOpportunity #FinancialSolutions #IndustryInsights #BloomfieldFinancial
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