An established engineering company, based in the local area, contacted us via a recommendation as they were looking to upgrade a 20 year old grinding machine.
This was a business-critical piece of machinery being supplied by a European manufacturer. The machine was located in Europe, therefore, it was necessary to source a suitable funder who was able to facilitate this.
After securing the funds we arranged stage payments to satisfy the suppliers invoicing terms and commissioning.
In addition to the above we were able to facilitate a VAT deferment to assist with cash-flow.
Following the finance being secured, the machine was successfully shipped over and installed at the client’s premises.
It was a great pleasure to have supported them in funding this much needed machine, and that we were able to make it as painless as possible.
Asset Finance Northampton