Case study: Bakery business kneads dough

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 on such a large scale, Dana decided she would 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 loan options available to them required them to produce two years' worth of full financials before they would be considered for finance.

What’s the solution?

With clean credit and a strong repayment history, their mortgage broker contacted RedZed to find a solution. Dana and Alex proved their income using one of our alternative income verification methods and were able to borrow the money they needed.

Our Australian-based customer service team are here to help and there are plenty of ways you can get in touch: 

Call us on 1300 722 462 on weekdays between 8.30am – 6.30pm 

Email us at clientservices@redzed.com  

Or ask your local mortgage broker about RedZed

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.