Independent Brewery - £165000 Lease
A small independent brewery who were experiencing significant growth and demand for their product were investing into new equipment. This was to double their current production capability. The finance product was tailored to their cashflow requirements with the term of the finance over 5 years. This helped ensure retaining vital funds in the business so cashflow was not impacted.
Facilities Management company - £87000 Lease
A Facilities Management (FM) company based in the Capital had secured a new contract and they required equipment to service this. This lease was to enable them the invest in the cleaning equipment to be used to fulfill this particular contract – even more important as this was a new contract for them.
Civil Engineering - £26000 Lease
An Engineering business specializing in Civil Engineering and construction were investing in a range of cleaning equipment. The business were to keen to preserve cashflow for upcoming projects and therefore proceeded with a finance option.
Manufacturing business - £265000 Operating Lease
A substantial investment for this Manufacturing business with a range of Materials Handling equipment (Fork Lifts / Power Pallet Trucks) Over a 5 year term, this was documented as an operating lease. The equipment was essential to the business as it was replacing and enhancing their existing fleet of trucks.
Vehicle Conversion Business - £5000 Lease
A brand new vehicle conversion business were requiring some tools / machinery essential for the business. However with cashflow extremely tight, the directors didn’t believe they would be able to obtain finance. However we managed to secure funding to ensure they were able to acquire the equipment. Pleased to say the directors were overjoyed as they didn’t believe it was possible due to minimal trading history. Furthermore there was no deposit required, it was simply put on a 3 year finance term. A happy customer.
Restaurant - £28000 Lease
A range of equipment purchased by this new restaurant including kitchen equipment / bar equipment / refrigeration equipment. There were significant start up costs for the business already and the owner was keen to ensure that this asset purchase would not drain vital cashflow from the business. Working with their chosen supplier(s) the facility was arranged in a timely manner, ensuring the business owner could focus on other elements of the business.
Hire Purchase Agreement - £170000 Hire Purchase
There was a considerable lead time for this customer – circa 12 months from the order to delivery / installation of the equipment. This investment was necessary for the business to increase their capabilities and to become far more efficient than present. The funding was over a 5 year period with the VAT as deposit. Furthermore due to the timescales stages payments were required. The structure was 25% upon order, 50% before delivery and the balance of 25% upon installation on customers site.
MOT Garage - £21000 Hire Purchase
An MOT Garage investing in additional equipment so they were able to continue to provide a service to their clients. The VAT was deferred for 3 months to aid the cashflow and the client specified HP as their option as advised by their accountant.
Speciality Coffee Roasting - £135000 Hire Purchase
A significant purchase for a speciality coffee roasting business purchasing their second roaster. This purchase will help the business double their production levels and facilitate orders worldwide.
Landscape Gardener - £32000 Hire Purchase
This funding was for an established Landscape Gardener for the purchase of a Multi Use Commercial Vehicle. The business already had several vehicles and this particular vehicle was to be used to upgrade their existing fleet.
Landscape Gardener / Construction - £81000 Hire Purchase
A Landscape gardener / construction business utilized the HP facility to purchase a welfare unit / a replacement vehicle / new vehicle. The funding has enabled them to provide an additional service to their clients
Forklift Trucks - £124000 Hire Purchase
This funding was for a long standing customer – a business that specializes in the Sale / Rental / Maintenance of Forklift Trucks. They were purchasing several brand new forklifts for their short term hire fleet and to aid the cashflow decided finance would be best suited to aid the cashflow of the business. This facility was a straight forward HP with VAT as deposit and to be repaid over 5 years.
Landscape Gardening - £80000 Loan
A cashflow loan for the business that specializes in Landscape Gardnening. The loan was to be used for a multitude of reasons including to aid cashflow as well as to help with a targeted marketing initiative. This funding was over a 3 year term enabling the client to not only manage cashflow effectively but to also ensure the marketing initiative was as effective as possible.
Recruitment Company - £115000 Loan
This cashflow loan was for a long established recruitment company. The loan purpose was quite simple – to aid with their cashflow / partly used for debt consolidation on very high rate credit card / Investment in a bespoke CRM system to help streamline the business moving forward.
Café - £12000 Loan
A successful Café had outgrown their current premises and identified new premises. This funding was to be used to cover all the associated costs with moving premises as well as providing cashflow for the business during that period
IT Services Provider - £199000 Loan
A managed IT services provider were expanding the business and were feeling the effects of a strained cashflow. The funding was utilized for the addition of staff resource / investment in new systems as well as providing breathing space for their cashflow. Essential to the continued growth of the business.
Cleaning Product Manufacturer
A Manufacturer of cleaning product were at a significant stage in their growth journey. The funding was to be used for Cashflow / Premises relocation / Additional Staff resource amongst other things and although it is a good amount to borrow – the funding was to aid the business in taking the next step in its development.
Industrial Cleaning Equipment - £178000 Refinance
This was a substantial refinance for this supplier of Industrial Cleaning Equipment supplier. The business was keen to raise finance for upcoming opportunities they had. Due to the type of equipment / industry they operate within, they had a good number of assets within the business which were owned outright and which had some value. The refinance was completed for several larger Ride on Scrubber Dryers / Several Forklifts / CNC machinery, thus releasing the capital back into the business.