Case study

Releasing cash with Asset Finance

04-10-2022
Asset Finance

Releasing cash with Asset Finance

Discover how two tailored Asset Finance facilities helped Ask Sameday reduce costs by allowing them to purchase their own vans and save on rental payments.

 

Transcript:

ASK Sameday Couriers serves a wide range of customers, specialising in same day instant commercial and domestic delivery services throughout the UK and Europe.

Since starting the business a year ago, they have gone from strength to strength and needed a funding partner to help them continue on their journey.

ASK Sameday had been renting their vans through another company, however this became increasingly expensive and began to cause strain on their cashflow, inhibiting the growth of their business.

Tom explains, “We tailored two separate £20k Asset Finance facilities, allowing the business to purchase their own vans.
This will reduce their costs significantly as they no longer need to rent their vans from another company.”

ASK Sameday are looking into further facilities in the future to increase their fleet as they grow their business.

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