Meeting increased demand with Asset Finance
Find out how we were able to support this business meet increased demand with an Asset Finance facility.
This company specialises in the lifting, handling, storing and transporting of large and high-value assets.
After growing their business and customer base, an increase in demand as well as requests for the transportation of larger objects meant that the company’s current vehicles were no longer enough for the business to keep moving at pace.
They reached out to a broker who introduced them to Regional Director, Jamie Glenn, who worked to tailor a £268k Hire Purchase solution to facilitate the acquisition of a new Scania Truck and Crane.
“Not many businesses offer storage of plant and machinery because of the difficulties involved in the handling of the goods. This service, paired with the lifting and transportation of the large assets puts the company in a unique position in the market.”
“Our Hire Purchase solution will allow the business to acquire the new vehicle without any of the impact such a large purchase could have had on their existing cashflow. They are now in a great position to offer new solutions and expand their customer base”.
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