We wanted to follow up on our 2015 update and let you all know how we are progressing in 2016. In our last update we told you we were committed to deliver a fabulous 2016 and we are delivering on that promise!
We set ourselves a plan this year that would challenge the team and we continue to meet or exceed that challenge. Our first 3 months of 2016 have produced some amazing results with March 2016 being our best month ever
We out performed on our budgeted forecasts for March with:
- Most number of loans written ever in 1 month
- Most amount of dollar's lent
- Most number of customers helped into their new cars
- Minimal bad debts that some of the bigger players in our industry would be envious of
We want you to know that we are committed to executing all aspects of our plan and delivering the performance that supports our strategic growth plans.
A huge thanks to all our current supporters and we wanted you to hear it first that we have been approved for a large wholesale funding facility that will further support our growth. More news on that once we finalise the paperwork. This is a significant milestone in our business.
We have moved into our new office and we also hired the new staff we spoke about to support our growth plans. Alyssa and Deb have recently joined the team in April.
We are also very proud to announce that we will be launching our new and additional brand UME Loans Loans for you & me, watch this space.
In Short, we are on target to achieve our 2016 growth plans which allows us to continue to invest in business growth and maximize the return to our stakeholders and continue to deliver the best possible experience to our customers.
Please feel free to call me direct on 0401679744 to discuss our business and how you can be a part of it as an investor, shareholder, broker referrer or customer.
Founder and Managing Director