He says the secret to the success in getting the loan over the line was taking into account the savings that Teasdale would be making after refinancing with non-bank lender Bluestone.
Teasdale went from having to come up with over $13,000 a month to a little over just $4000 boosting cash flow by more than $8000 thanks to Bluestone, which wrote the loan through Bennetts firm.
For Teasdale and his young family, this was life-changing.
It definitely changed our lives, says the 30-year-old, who recently celebrated his daughter Florences first birthday with wife Jessica. It freed us up, amazingly.
Bluestones chief customer officer James Angus says Teasdales is a perfect example of how rigid one size fits all policies let down customers, an…
Read the full article at: https://www.afr.com/companies/financial-services/non-bank-lenders-a-rock-in-a-crisis-20201007-p562t1
