If you travel through any city in Australia, you are certain to witness new homes being constructed, old homes being demolished, and residences getting set for a rebuild or renovation. This is a common occurrence across the country. Dino, who hails from Wollongong in New South Wales, has been working in this sector of the economy for the better part of the past 15 years. Dino, the founder of a fast expanding firm, decided to join a funding programmer in order to make use of the organization's Finance Database and to learn how to secure funding for his venture.
Dino shares his success story with the group six months after being a member. In it, he describes how he and his firm were able to successfully acquire finance from the government for their already established construction business. The following is what Dino had to say when we asked him to share his experience:
Dino's business and reason for looking financial assistance
hen he first started the business with his brother around 15 years ago, their primary concentration was on performing smaller works such as painting, taping, and drywall installation. At the time, neither of them had any idea that the business would eventually expand beyond these areas of expertise. They began with the simple jobs where they felt, "There's no way we can screw this up," and then progressed to handling major projects, many projects at the same time, and redesigning whole interiors, including bathrooms, kitchens, and so on. They are currently a team of eight people, and things are going extremely well for them. They have their own tools and equipment, and the majority of their customers come to them through word of mouth.
Things were going swimmingly, but they saw that there was significant room for the company's expansion and growth. They required financial assistance in order to be successful. At that time, they were receiving money, which was fantastic, but it was just enough to pay for the project that would come after it. The fact that they do not accept payment up front is one of the reasons for their past and present level of success; this is something that their clients appreciate very much. On the other hand, in order to get paid for the project, they have to fund it first, which might cost as much as $100,000 in some cases. In this particular scenario, they require additional supplies, additional staff, and improved equipment in order to do the task in a more timely and effective manner. They are unable to stay at a job for three months without getting paid and required to make interest payments on money that they have borrowed. Therefore, any kind of financial aid would have been beneficial in any manner.
Programmers applied for and those which approved
They sent their applications to a total of 8 different programmers. They put in applications for pretty much all of the initiatives that your financing specialists informed them about. Getting any kind of financial assistance was crucial for them, seeing as how they were in need of it. They could fool about with the money that they already had and shift it around, but if they could acquire funding for any of the things that we needed, it would have been of tremendous assistance to them.
After some time had passed, they heard back from six of the financing programmers, and they informed us that they did not qualify for their assistance. The majority of the programmers that they applied for, were grant programmers, and the administrators of those programmers required that they carry out certain tasks before they could begin, but they just didn't have the time or the motivation to do those tasks. I mean, who knows, maybe someday, but it's great to know that the option is there just in case. Every programmer did respond, however only two of the eight programmers gave their approval for them to get funds.
What Dino thinks about getting funding for a business
After he gave them access to the platform here with you guys, He looked for programmers that he thought might be beneficial to them and found a lot of them. However, after your experts reviewed them, they said that they should only apply to the 8 programmers that you sent over in his personalized funding report, so that's what he did. However, utilizing the funding database and locating the programmers was a very simple process.
If you are in need of financial assistance, He can only advise you to search for it. Take an active role and a preventative approach to it. Stop dwelling on the fact that you require it and go to work solving the problem instead. The fundraising company assisted them, and there is no reason to believe that they would not be able to assist you as well. They encounter far too many company owners who are stymied by a lack of capital and are unaware that other sources of finance even exist. When you realize you need it, seek assistance.