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In this episode, Nathan talks with Mark O’Donoghue, Founding Partner and CEO of Finlease. Built on trust, long-term relationships, and an enviable word-of-mouth reputation, Finlease has grown to 18 offices nationwide and over one billion in revenue per annum. It all started with one man, a phone, and a deep understanding of what manufacturers need in order to grow.
Mark takes us back to the late 80s when Finlease first opened its doors and equipment finance rates hovered around 17%. Having navigated decades of economic shifts, he emphasises the importance of customer service, taking it personally, and focusing on helping facilitate what SMEs require when they need it most.
The conversation delves into the lack of financial literacy in schools and why concepts like compounding growth, managing surplus, and the mantra “leftover, not turnover” deserve more attention, especially for the next generation of business owners.
In today’s volatile climate, listeners will hear firsthand the unique opportunities unfolding for local manufacturers. Mark offers real-world insights on managing cashflow, accessing capital, improving operational efficiencies, and leveraging government tax incentives.
For manufacturers focused on building resilience in their business, this episode is packed with valuable takeaways, and a must listen as we navigate the challenges of the current environment.