Equipment finance business plans for a bright future

SUPPORTING BUSINESSES ECONOMICALLY... With 21 years under their belt, Vehicle & Equipment Finance supplies all industries including agriculture, transport, earth moving, construction, engineering, medical, warehousing, surveying, solar and buses to name a few. Sam Mangiameli – Finance Consultant. Photo: Emma Harrop

When it comes to the economy of the region, it is imperative that businesses are supported economically in order to innovate, grow and expand their offerings, and with the finance and insurance industry’s productivity for Greater Shepparton alone generating $94.4m, the region certainly seems secure.

With 21 years under its belt, and today boasting 10 employees, Vehicle & Equipment Finance supply to all industries including agriculture (all types), transport, earth moving, construction, engineering, medical, warehousing, surveying, solar and buses to name a few.

Vehicle & Equipment Finance director, Steven Tricarico said, “Having a local business servicing other local businesses is a fantastic outcome for us all. As we are local, we understand what impacts our region on a daily basis; we share the good and bad times of what happens in our area.

SUPPORTING BUSINESSES ECONOMICALLY… With 21 years under their belt, Vehicle & Equipment Finance supplies all industries including agriculture, transport, earth moving, construction, engineering, medical, warehousing, surveying, solar and buses to name a few. Sam Mangiameli – Finance Consultant. Photo: Emma Harrop

“We are proud to be contributing to the sector as we always like to be looked upon by your peers as a successful business and that you are acting for the greater good. Over time we have always strived to be fair and professional in what we do.

“I believe the driving factor leading to the success of our business is our repetitive customers and our staff. Our customers deal with us regularly as we have experienced staff who understand the various businesses in our region and they understand the fundamentals of the asset finance area.  

“Looking to the future, we plan on growing and investing in our local people. We have recently employed some younger staff in Shepparton and Ballarat that we are looking for them to continue the business long into the future. Due to the global greenhouse effect, green assets are becoming more and more popular, with finance companies becoming more accommodating for these products. With this, coupled with our succession plan, we look to be part of our community for many years to come.

“Our region is a wonderful place to live and do business in. We are fortunate to have many successful businesses in our region. Due to our large irrigation network, our region is the food bowl of Australia; and therefore, we have many industries that grow and succeed off this backbone,” Steven said.