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A true Fifo Capital business finance franchise success story

by Fifo Capital

After a background in banking, finance, and sales for 16 years, New Zealander Dean McClennan realised he was climbing the industry ladder but he wasn't sure that the ladder was going in the direction he wanted to end up. So he took the plunge and invested in a Fifo Capital business finance franchise and hasn't looked back.

In his previous roles McClennan had got to know a couple of Fifo Capital business finance franchisees and through them was able to gain insight into what was out there for him. When the timing was right, McClennan made some enquiries into starting his own Fifo Capital franchise.

McClennan was pleasantly surprised that his first year as a Fifo Capital business finance franchise owner was much smoother than he had expected. Fifo Capital provided ample training and support, and the reception was positive in talking to local bankers, accountants, and other intermediaries about the benefits Fifo Capital could offer clients.

After just a short period of time, McClennan was being referred potential clients, and well within his first year he was reaching the business volumes he had projected when joining Fifo Capital.

The key to McClennan's success as a Fifo Capital business finance franchisee has been the consistency around building his client relationships, as well as being able to offer a simple solution to the cashflow challenges faced by businesses as they grow.

"The client base I have built is very loyal, and in many cases has been able to take advantage of opportunities which would not have been possible without our services. My clients have been from a range of industries, including manufacturing, roading, transportation, and the wine industry," says McClennan.

Married with four daughters, McClennan says that the biggest up side to his purchase of a Fifo Capital business finance franchise has been the ability to work from home and the flexibility to plan his calendar around his lifestyle. He now has time with his family and the ability to pursue other interests.

19.09.2011
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