June Deals of the Month

Our asset finance deals in June included;

Two asset finance lease deals for a long-standing construction industry customer.
Total Amount: £45K
Purpose: to purchase an additional concrete mixer and tipper to meet the supply and demand of the contracts coming in.

A refinance deal for a Southern based renewable energy company, raised against various equipment including transformers, meters, switchgear and pumps.
Amount: £100k
Purpose: the money will be used to futureproof the business by purchasing additional equipment, and also upgrading older machinery into more cost-effective models.

A lease deal for a Welsh based building construction company.
Amount: £8k
Purpose: to replace a trailer mounted cherry picker which had stopped working after many years of service.

A refinance deal for a North-West based environmental services company, raised against a couple of heavy commercial vehicles and various manufacturing equipment.
Amount: £55k
Purpose: the money will be used to solve a short term cashflow issue arising from supplier delayed payments.

A refinance deal for a local printing firm, raised against a variety of unencumbered machinery.
Amount: £10k
Purpose: the money will be used to invest in additional print machinery and equipment.

To discuss any asset finance requirements that you may have, please give us a call on 0161 491 4051 and we’d be happy to help.