Recent Insights.
23 April 2021
SolvCar: Putting car hire in your hands
SolvCar – Putting Car Hire in Your Hands There is an abundance of ride sharing apps out there and rightly so – they make travel easy! But imagine if you could get from A to B in your very own rental car with a service that is just as easy to use. SolvCar have done exactly this! From the owners of Sunset Rent a Car, Matt and Kylee Best have created an easy to use car hire app where you can book, locate and unlock your car all from your phone. All you have to do is download the app...
8 April 2021
Ledge works with Iron Mine Contracting to bring its growth plan into action
Pictured: Clinton Keenan, CEO at Iron Mine Contracting, Isaac Hough, Finance Executive at Ledge Finance and Derek Williamson, COO at Iron Mine ContractingEstablished in 2015 as a diversified contractor to the Western Australian resources sector, Iron Mine Contracting (IMC) has been achieving major year-on-year growth since inception and has big plans to advance that growth trajectory further. Providing civil, mining, crushing and screening, and Indigenous partnership opportunities to top tier resource clients, IMC aims to solidify its position within the market with a newly developed five year growth plan, supported by Ledge Finance. IMC chief operating officer Derek Williamson said...
18 February 2021
Ledge Finance looks to the future with a relationship-first approach
Having been founded in 1979 as one of the original independent finance broking specialists in Western Australia, Ledge Finance has built its business on strong, long-term client relationships and will continue to do so as it looks to its next chapter of evolution. The company’s founder Phil Botsis passed Ledge’s ownership over to its executive team in late 2020, after forty-one years of growing the company from an equipment-only finance specialist to an all-encompassing debt solutions provider with clients stretching from the Pilbara to the South West and beyond. Chief operating officer Tony Del Popolo said after four decades of...
13 November 2020
Ledge Finance Ltd announces successful management buyout
Ledge Finance Ltd Announces Successful Management Buyout Ledge Finance Ltd (Ledge) has announced that Chief Operating Officer Tony Del Popolo and the Executive Team have completed a management buyout of the business. Phil Botsis, has entrusted the future of Ledge with the Executive Team effective from the 2nd November 2020. As Founder and Managing Director for over 41 years, Phil built the business into what it is today, a market leader in providing a complete suite of debt solutions to the SME & Corporate markets. “I’m very pleased to announce to the market that after 41 years I’ve decided to...
7 July 2020
WAURC new equipment to help with the heavy lifting
WAURC New Equipment to Help with the Heavy Lifting WA Universal Rigging & Cranes (WAURC) is a leading rigging and crane contractor, providing high quality service to the construction, infrastructure, residential, farming, and resource sectors since 1985. The Company has a range of service capabilities and a large, diverse fleet enabling it to remain at the forefront of its industry. From supply and install of structural steel and precast concrete or tilt up through to mechanically aided rigging of heavy units, WAURC has the capacity to manage large projects in house. Some of the projects WAURC has been involved in...
2 June 2020
Industry health check survey: COVID-19’s impact on WA businesses
Ledge recently surveyed a number of Perth small businesses (mostly clients and other stakeholders) to get a better understanding of and to provide clarity around how industries have been impacted by coronavirus (COVID-19) and its knock on effects. We surveyed businesses from various industries, including infrastructure/earthmoving, construction/engineering, manufacturing, agri/food and professional services. Whilst the effects of COVID-19 have been widespread across all industries, some businesses have been able to operate as per usual, whereas others have had to innovate and think of new ways to deliver their services. Changes in Operations As a whole, 48.3% of WA businesses surveyed have...
5 May 2020
Humma 55T: The new standard
Humma 55T: The new standard Founded in 1971, DRA’s first business was a site abrasive blast cleaning and coating company servicing the chemical, oil and petrochemical industries. In 1996 Construct Engineering, a division of DRA noticed a gap in the heavy engineering maintenance sector which led to the launch of the Humma pick and carry crane project. As the pick and carry crane market evolved, so too did the design and quality of the cranes available. Fast forward to 2020 and there is now five different Humma crane models including an 18, 20, 25, 35 and more recently the 55...
6 March 2020
Day 1 at the WA Major Projects Conference 2020
Ledge attended day 1 at the 11th Annual WA Major Projects Conference 2020 and what an informative day it was. The conference condenses the array of upcoming WA infrastructure projects, providing valuable market intel. In this article, we summarise a selection of the presentations, including: Warren Harris, Project Director Eliwana, Fortescue Metals Group on Eliwana’s Iron Ore Mine and Rail Projects Anthony Kannis, Project Director, METRONET on Perth’s Most Ambitious Public Transport Program Frank Marra, Chief Executive, DevelopmentWA on Subi East: Creating a City Village Rebecca Brown, Director General, Department of Jobs, Tourism, Science and Innovation on Preparing for The...
3 March 2020
Supply Chain Finance: A Timeline of Events
In recent months, various media outlets have shown significant interest in the prolific rise of Supply Chain Finance (SCF) and the impact these facilities have on small businesses. In this article, we will explore a timeline of events which occurred over the past year from; companies being accused of “bullying” smaller contractors, to the views of the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell. Supply Chain Finance – The Facility in More Detail Before we start, let’s take a quick look at SCF… SCF, or ‘reverse-factoring’, is a type of working capital facility provided by specialist financiers...