Originally from New Zealand, Colin Evans worked in the agricultural and farming sector in his early years before landing an entry job with ANZ/Esanda. He then became a Senior Asset Finance Consultant based in Sydney, assisting all types of small to medium-sized Australian businesses in purchasing assets for their various business endeavours.
Evans identified a market niche within the asset finance sector and founded The Asset Finance Shop (AFS) in 2016, in order to further support the Australian economy.
Evans explains the company and how it serves its clients.
“Our team at AFS works with businesses in all industries arranging business loans and low-cost finance for trucks, trailers, heavy machinery, commercial equipment, and business vehicles,” he said.
With this, Evans has created a platform that allows any Australian business owners access to a wide range of banks and non-bank lenders.
This has provided an invaluable solution for clients in all types of unique circumstances to be paired with the right lender that meets their business needs.
Although its focus is on Australian citizens who are business owners, ABN holders and sole traders, a common misconception is that the Asset Finance Shop wouldn’t be able to work with visa holders (visa requirements & conditions apply) or on assets that may be overseas. This is simply not true – Asset Finance Shop has a solution for all scenarios.
As its clientele expands, so does the company, and now it has a team of just under 30. Along with the addition of more professional brokers to its firm, this growth also saw the formation of specialised marketing, client services, and settlement support teams. This came about as a result of The Asset Finance Shop’s dedication to enhancing its clients’ experiences.
Its Vision
The Asset Finance Shop’s team has two primary goals: To provide a platform for people to access the most competitive commercial finance products currently available in the market while delivering exceptional customer service in a manner that builds client loyalty and trust.
Its long-term objective is to ensure that businesses in all industries across Australia have a fair chance at success by assisting them in securing cost-effective financing options, which improves both the financial well-being of our client’s businesses and the Australian economy.
The Application and Approval Process
The Asset Finance Shop always works hard to fast-track all its clients’ financing applications and get them into settlement so they can pick up their asset as soon as possible without any long wait times. The client process can be broken down into five easy steps:
1. Call or apply online by filling in a form,
2. Receive a call back from one of its experts and get pre-qualified within three minutes,
3. Its broker team will then compare and negotiate terms and repayments with its panel of lenders on your behalf to secure you the best deal,
4. Receive your loan contract to review and sign,
5. Then it’s time to go pick up your asset!
Depending on the client’s specific needs, requirements and credit history, Asset Finance Shop offers three finance options:
• No doc
• Low doc
• And full doc applications.
It is known for its fast turnaround times and at its quickest, the whole process from application to approval stage can be completed within 24-48 hours.
Its Relationships
Unlike at banks, you aren’t just a number. At the Asset Finance Shop you are a valued client and the team works with you.
No matter if you have good credit or bad credit, are starting a business or already have one, are a renter or a homeowner, have a permanent resident visa or a skilled visa, are buying from a dealer or privately, new or used, it can assist you – it will help everyone and turn away no one.
AFS takes pride in the long-term relationship it has with its loyal clientele.
Clients of AFS rely on and put their trust in the team, to secure them the best deal for anything they need to help them take their business to the next level.
The positive reviews that clients have left for it on Google support its reputation.
The team can’t wait to assist and to welcome all the entrepreneurs and business owners that it hasn’t even met yet into the community.
Why Choose AFS?
The Asset Finance Shop first listens to the business owners’ needs and from there the team will come up with a solution from its high level of broker experience.
It frequently collaborates with a variety of lenders in its capacity as financial brokers.
As a business, it places great importance on its dedication to serving interests of clients. Clients can be confident that they are receiving the best deal possible when working with The Asset Finance Shop.
Something the team can also be proud of is its high approval rates. When clients apply with us, they can have the confidence that they will get approved by one of its many lenders.
Because of its wide array of lender partners, AFS knows how to position your request for the highest chance of getting approved the first time. Furthermore, because of its long-standing and positive relationship with these lenders, often they can be more lenient with our clients – giving the team the upper hand in approving financing and loan requests from clients.