May Deals of the Month

May was a busy month for deals, including;

A hire purchase deal for a long-standing customer specialising in haulage.
Amount: £12k
Purpose: the money will be used to purchase an additional tipping trailer for the business.

A hire purchase deal for another long-standing Southern based customer who needed to purchase an additional light commercial vehicle for their catering business.
Amount: £7k
Purpose: to help the business expand and enable them to take on another staff member and trade further afield.

A refinance deal for a Welsh based commercial print company, trading 30+ years.
Amount: £55k
Purpose: we were able to turnaround this deal quickly to enable them to purchase further goods and equipment for a large contract they secured which was starting imminently.

A refinance deal for a Midlands based engineering company, including various pieces of industrial and engineering equipment.
Amount: £40k
Purpose: when their previous company was put into liquidation, we supported their newco by refinancing their equipment.

A hire purchase deal for a fledgling company, trading just over a year.
Amount: £12k
Purpose: to enable them to purchase an industrial curing oven, allowing them to take on further contracts.

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.