‘We want to show everyone that Filipinos can be trusted’: What drove these van rental owners to set up business

Melburnian friends, Andy Jacoba, Jason Augusto and Jun Briones built a van rental business to meet the demand for big families who want to be driven around to visit landmarks in the area-staving off illegal (colorum) practices.

From having their separate businesses, Melburnian friends, Andy Jacoba, Jason Augusto and Jun Briones work together to establish their own van rental business. Credit: Supplied

Key Points

• The market size of the Car Rental industry in Australia is measured at $1.5bn in 2023, according to IBISWorld.
• Panyero’s Van Rentals started in September 2020 as a full-on business with a beginning capital of $30,000.
• The partners used to have their own businesses - Augusto was into buy- and-sell, Jacob had a car mechanic shop while Briones was an IT contractor.