Helping a construction company purchase its first asset

Transcript:

This new start business operates in the construction sector and was looking to purchase their first bit of kit, a concrete mixer, to give them the best start possible.

They reached out to brokerage Wiseman Finance to discuss their funding options and were introduced to John Hallett, Regional Director at Ultimate Finance.

John tailored a Hire Purchase facility for the business to provide them with £107,500 to purchase the mixer quickly.

John says, “I’m very proud to have been able to help support this new business at such a critical point in their journey and to demonstrate how Asset Finance is a powerful funding solution when it comes to helping a business moving, be it to help it start, grow or keep trading through challenging times”.

“This is the first asset purchased by the business and it enables them to be fully up and running without having to part with a large capital deposit, which is tricky at the early stages of running a company”.

With the asset purchased, the team is ready to start trading with their new funding partner of choice in their corner for any future needs.