Business View Oceania | May 2022

45 46 BUSINESS VIEW OCEANIA VOLUME 4, ISSUE 5 BUSINESS VIEW OCEANIA VOLUME 4, ISSUE 5 alternative working capital products to boost growth. Greg shares, “We are constantly thinking from a research and development perspective, how can we release cashflow for businesses? What facilities can we combine, and how can we help educate our business owners on the best solutions for their enterprise? It’s the constant fluidity of how our products can be extended, enhanced, or redeveloped that keeps us engaged and ahead of the game in our market. And because we are independent with a really strong funding line, we can be really, really quick in our response. Over 80% of our applications are completed within two hours of receiving them, compared to two or three weeks on average for some of the bigger providers. This is important for SMEs- a fast turnaround time is often essential.” Grow is committed to sustainable funding and supports green initiatives, particularly in the generation product development. If you take a look at all of the different business requirements, and there are many, we are able to respond to them through product enhancements and extensions, or with new products entirely. An example of this would be launching a new low doc balloon refinance facility that enables SMEs to access up to $150,000 to refinance balloon payments on cars, vans or utes for up to five years with minimal financial information. In real terms, say a client had a lease with a competitor for a new car. After the lease term, that lender will typically want to exit out of that loan, because the car is no longer new. If the client wanted to keep that car, they could come to us and have their refinance process approval done straight away.” In addition, Grow has recently extended its business loan to include primary agriculture to support the sustained sector demand for ProForce provides a unique opportunity for Australian businesses seeking to enhance productivity & performance from their sales teams. proforce proforceaustralia proforceau Reach out to us! +61 (02) 8235 8300 www.proforce.net.au info@proforce.net.au GROW F INANCE SLF Lawyers are your multidisciplinary law firm of choice, working towards a new era of law that focuses on the client as its priority. In the 15 years since their establishment, SLF Lawyers have built a national presence across Australia that showcases their expertise in a variety of practice areas: Building & Construction, Commercial, Property, Insurance, Immigration, Employment, Finance, Dispute Resolution, Insolvency, Franchising & Licensing, and Estate Planning & Disputes. SLF Lawyers are proud to highlight their large litigation practice; transactional and litigation experts in the team have worked for many years to assist lenders from front- end document preparation right through to back-end enforcement and legal recovery. Here’s what one of their clients, non- bank lender Grow Finance, has to say: “The services that SLF lawyers provide are crucial to Grow to minimise cost, maximise recovery, and deliver speed to market. The SLF team are very professional and apply their expertise in order to problem solve various matters in an efficient, practical manner.” SLF Lawyers’ progressive approach sets them apart from traditional law firms. With over 750 years of combined experience, the team at SLF Lawyers is confident that their offering will provide you with the best legal care out there. ...... For more information, please visit our website https://slflawyers.com.au