Fully installed Spray Room
£20,345 Advanced to Lancashire based Flood Protection Business Purchasing A Spray Booth
Sector: Manufacturing
Solution: Hire Purchase
The Client
A Lancashire based market leading manufacturer of patented flood protection solutions, including doors, windows and barriers for both residential and commercial premises.
The Challenge
The client required a specific type of structured funding, based over stage payments to pay for a fully installed spray room in their premises. Payments would ned to be completed in three stages; on order, prior to delivery and upon completion of installation.
The Solution
We facilitated a Finance Lease, advancing the full invoice amount on a 1+59 payment profile, with no director’s guarantees. 50% of the invoice was paid to the supplier on order, followed by 40% prior to delivery and the remaining 10% paid upon installation and satisfaction to the client.
Summary
We executed this transaction by working closely with both the client and supplier, making sure each payment was made on time and as expected. Both client and supplier complimented us on the smoothness of the transaction from start to finish. Job done!
More Case Studies
Invoice Finance Plus RLS Loan
Improved £750,000 Invoice Finance facility and £125,000 RLS loan secured for electronics manufacturer
1000 Tonne Shear Funded
£80,000 Hire Purchase facility with three month vat deferral for southern-based waste management business looking to grow their operation.
Prestige Vehicle Funded for High Net Worth Individual
£194,000 Mercedes G Wagon for London based Entrepreneur
Merchant Cash Advance to Petrol Retailer
£300,000 Merchant Cash Advance for Petrol Station Retailer
Tractor Funded with CBILS
£122,150 Hire Purchase CBILS advance for a replacement tractor funded for a family run Somerset based Dairy Farmer
Harvester Funded On Growth Guarantee Scheme
£350,000 Harvester funded on the government backed Growth Guarantee Scheme
Cash Equity raised by Refinance
£108,000 cash equity raised by re-financing existing plant machinery assets for Scottish based civil engineering business
Consolidation via Business Loan
£243,000 facility, consolidating existing, expensive financial agreements over a longer period, considerably reducing their monthly expenditure.
Van Fleet Upgrade
£195,120 advanced to food manufacturer and distributor to assist with upgrade to refrigerated vehicle fleet
Taxi & Chauffeur Business Goes Green!
£275,000 to purchase six high end, seven seater greener electric vehicles in order to carry on the process of replacing the diesel vehicles on their fleet.
Two Crushers funded with CBILS Facility
£667,000 Crusher’s funded for a large Civil Engineering business through the government backed CBILS facility
Specialist Trucks For Logistics Business
£84,050 Hire Purchase Facility placed for North Eastern logistics business
