CLOSE

Specialist Trucks Funded For Logistics Business

£84,050 Advance To Fund  Trucks For A New Shipping Contract

 

Sector:           Transport & Logistics

Solution:         Hire Purchase

We Deliver

  • Deep Understanding
  • Transparent Delivery
  • Fresh Approach
  • Tailored Solutions
Check Your Eligibility

The Client

A newly formed transport and Logistics business based in the North East of England.  This business was an off shoot of an established company, incorporated to service a lucrative new and specialist shipping contract.

 

The Challenge

Our brief was to identify a lender willing to fund very specialist transport trucks to a new start business with a back story.  The term also had to be specific to be able to service the targeted monthly payments.  The trucks were also undergoing a full manufacturer refurbishment and had to be paid for prior to being sent to the workshop to be painted. A very tight deadline was set to complete before the contract was due to begin.

The Solution

An £84,050 Hire Purchase facility was facilitated over 48 months.  Our lender also agreed to make payment to the supplier, prior to the paint work being completed so the trucks could be delivered from the manufacturer to the paint shop.  All trucks were completed and delivered back to the client in time to begin working on the contract start date.

 

Summary

We had to work very closely with the lender, client, manufacturer and paint shop to ensure all works were completed and payment was made in time for the client to begin their new contract.  By all working in tandem, this was achieved, leaving the client over the moon.  Another happy Liquid Corporate Finance client!

More Case Studies

Looking for refreshingly simple finance?
Call us today on 0333 772 1782 or email info@liquidcf.co.uk

Contact Us