Funda Custom Credit Solutions say that they are all about giving Australians easier and fairer ways to buy the things they need for home and work.
Newcastle-based partners Mark Owen and Nathan Wright are behind the new venture that aims to puts customers first, with some innovative credit solutions.
Hunter region businesses will be some of the first to have access to their range of services, which feature the Same as Cash marketing tool for retailers and Goods and Equipment Finance Packages for small business.
Nathan says that Funda came about when they were looking at buying a rental business franchise and realised how tough things were for customers who needed goods and equipment now but lacked the necessary cash.
“Business people need cash flow, tax breaks and the ability to negotiate, so we developed Funda rental lease finance around this,” Nathan said.
“It's a simple process to get tools, equipment and furniture up to the value of $10,000 within 24 hours. We don't need any extra security and it's better than maxing out your credit card.”
Business owners can access Funda either directly online or through their business finance broker.
“As owners and operators ourselves we understand the need to buy things to get your business moving now, but pay over time with terms worked out to suit your budget,” Mark said.
Funda Custom Credit Solutions was officially launched 1 July but the business model underwent months of planning.