Enquire Now

RedZed Connect

Existing Customers Forms

Calculators

The XYZed

Contact Us

Post Code Search

Scenario

Broker
Forms

Calculators

Lending
Guide

Valuations

Dana & Alex little bakery’s popularity is on the rise.

4 October 2017,


RedZed-Case-Study-Image_700x700_06.jpg

The situation

Dana Eastwood spent 10 years as the head baker at a large department store, kneading, baking, and icing her way towards mastery. After managing her craft successfully at such a large scale, Dana decided she should rather work for herself and grow her own business.

14 months ago Dana and her partner Alex opened their own bakery. Dana’s years’ of experience meant that the business got off to a flying start, with plenty of customers and a great reputation among the local community.

However, they found themselves short of capital when faced with a clear opportunity for growth.

Dana and Alex were surprised to find out from their mortgage broker that most of the options available to them required a minimum of two years full financials before they would be considered for finance. What to do?

What’s the solution?

With clean credit and strong repayment history, their mortgage broker applied to RedZed. Which was able to help them borrow the money they wanted.

 

All examples or scenarios are illustrative only and do not amount to endorsements. The names used are fictitious. All loan applications and requests subsequent to settlement are subject to RedZed’s lending criteria and lending policy which may be amended from time to time without notice. Fees, charges and conditions apply.

Any content on this website is general only and does not take into account your particular circumstances and needs. Before acting on any content you should assess or seek advice as to whether it is appropriate for you.

Leave a Reply

×
×

For Customers

When it comes to self-employed people in Australia, we know that one-size, or one style, does not fit all. We’re small enough to listen, and big enough to help. We’re RedZed.

 

For Brokers

Everyone at RedZed is committed to doing all that we can to enable you to deal direct with us in a simple, common sense manner. Everything that you will need to submit a loan application to us is contained within this section.