Van Fleet Upgrade
£195,120 Facility Advanced To Upgrade Refrigerated Vehicle Fleet
Sector: Manufacturing – Food
Solution: Hire Purchase
The Client
A large food manufacturer and distributor delivering food products to multiple fast food sites across the South from its Surrey centre and across the North from its Birmingham site.
The Challenge
We were asked to fund the upgrade of six refrigerated vehicles with minimal deposit over a short term. Time was of the essence as the client’s previous broker had let them down at the last minute. We love the pressure!
The Solution
We funded the full cost of the vehicles on a Hire Purchase facility with a VAT only deposit on a 24 month term. The transaction was completed within 24 hours of proposal and the client was able to commit to their delivery date.
Summary
We managed to deliver a very efficient service under significant time pressure. The client was very happy with the terms and the manner in which we delivered the facility. Another Liquid Corporate Finance success story!
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