Asset Finance -
Hire Purchase for Unencumbered Machinery
Opportunity:
This customer was looking for working capital to fund future projects.
Approach:
We identified that the company had unencumbered machinery that could be used to release working capital back into the business. Limited amount of funders had the appetite to fund specialised bespoke machinery.
Solution:
We worked with a funder who had expertise within that sector, securing a refinance hire purchase deal of £200k over 5 years .