Funding For a Wide Range of Assets

New Start Logistics Company

The company had only been trading for 6 months
They needed a number of specialist refrigerated vehicles to fulfil contracts
We facilitated all 13 required vehicles totalling over £300,000
Placed with 9 lenders on a 10% deposit basis
Agreed over a 4 year term

Established Traffic Management Company

Established business whom we have had an ongoing relationship since August 2010
The company had rented 18 traffic management vehicles and wished to save money by funding new vehicles internally over a 5year period. The repayments worked out much cheaper than the existing Hire payments
We facilitated all 18 required vehicles totalling over £820,000
Placed with 9 lenders on a zero deposit and with VAT deferred for the first 3 months, preserving valuable cash-flow
Due to the agreements this has had a massive positive effect on the company’s future monthly outgoings and indeed profitability

Beauty Industry Company – Sub £5,000

Beauty salon looking for non-evasive beauty equipment
Sub £5,000 deal
Facilitated a no deposit straight monthly lease agreement over 3 years
Agreed within 24 hours

Established Restaurant – Sale & Leaseback

Mix of Catering Equipment purchased for their full kitchen refurbishment
They had already paid for everything before they approached us
We arranged a simple sale & leaseback over 3 years monthly
Providing required cashflow boost for the customer

Prestige Car Chauffeur Company

Established company were looking to add to their fleet
Order on a new Rolls Royce Dawn had arrived at the dealers
We arranged a Hire Purchase facility over 48 months
Residual balloon payment at 40% to keep monthly payments sensible

If you have any questions or queries please call our office to speak with our friendly and experienced staff who will be happy to assist 01634 386869.

Author: First Business Finance