Asset Finance – Total Loan £13k
The situation: This client contacted us after receiving one of our marketing emails regarding asset finance. He wanted to purchase an industrial iron costing £15,066.35. Due to the bespoke nature of this equipment, it had to be specially made and would not be finished until September.
The solutions: Therefore, we arranged for the finance to be drawn down at the end of August ready to purchase the iron in September. We worked alongside a specialist asset finance broker and arranged a total loan of £13,559.89 which the remaining 10% deposit being paid by the client.