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In the news: Non-bank lenders a rock in a crisis

With a new baby and a mountain of debt, self-employed electrician Brad Teasdale was struggling to find a lender, despite having a successful electrical-solar contracting business.

The owner of Teaslec Electrical & Solar in Doncaster, in Melbourne’s eastern suburbs, had initially tried to consolidate the debts into his home loan through traditional banking but was having difficulty getting approval.

Read on in the Australian Financial Review to find out how Bluestone was able to help Brad and his family free up a “life-changing” $8000 per month in cash flow.

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