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Future Freight Networks : Yearbook 2013
64 COMPANY PROFILE GoGetta's approved contracts for the transport sector have jumped 85 per cent this nancial year to date compared with 2011 gures, as business owners look beyond traditional lending sources to expand their businesses. GoGetta Equipment Funding provided transport businesses with exibility and the opportunity to grow at a time when banks were offering limited equipment nance options, GoGetta National Sales Manager Kelvin Marks said. 'Often transport businesses run on very tight margins in highly competitive markets. Operational costs, like fuel, consistently uctuate, and banks are reluctant to provide funding because of these inconsistencies,' he said. This was the case for business owner Kim McAullay, who started KIVA Transport in Perth ve years ago. KIVA Transport specialises in transporting freight for the oil and gas sector. 'We needed a nance solution in a hurry to lock in a contract, and our options were nearly exhausted. Fortunately, when we applied for funding through GoGetta, they understood the urgency of our situation, and they were happy to assist us,' Mr McAullay said. GoGetta funding allowed Mr McAullay to purchase a 2012 Road West Tri-Axle Steelite end tipper without using his precious capital. 'GoGetta enabled us to diversify our business's operations through our network of subcontractors, keep the job contract and essentially start the job on time as originally anticipated,' he said. GoGetta understands the transport industry and knows the challenges business owners face to run a successful venture, Mr Marks said. 'Unlike banks, GoGetta's Rent. Grow.Own.® funding solution is tailored to small-to-medium-sized businesses in the transport sector. The funding model provides an alternative to a traditional equipment lease or equipment rental nance package. 'Business owners are turning to us, as they need new equipment quickly but don't want to use their cash reserves to buy it outright. Whether they need a larger trailer or regular trailer, GoGetta equipment nance is helping them to win new contracts, particularly in the resources sector. 'As there is some volatility in the market, they don't want to be locked into long-term lending contracts. Instead, they are opting for small monthly payments that can be easily budgeted. 'We listen to our customers who say they want exibility, and GoGetta's nancing solutions offer this,' he said. GoGetta nance helps transport businesses to grow GoGetta nance -- how it works The Rent.Grow.Own.® solution is a 12-month rental agreement, which allows business owners to: • purchase the equipment at any time during the rst 12 months and receive a 75 per cent net rental rebate • return the equipment at the end of the 12-month agreement • continue to rent and we'll continue to reduce the purchase price • move to a go.Own.plus agreement and rent-to-own over a 36-month term. About GoGetta GoGetta is a division of equipment nancier Silver Chef Limited, which has been helping business owners achieve success for almost 30 years. We offer exible and affordable funding options to aspiring business owners in the transport industry who want to go out on their own, or to those who want to expand their business. To apply for the GoGetta Rent.Grow.Own.® solution, simply call our Approval Centre on 1800 185 171 for easy, over-the-phone approval.