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Existing Broker customer secures finance for business critical assets

CASE STUDY
06 Jun 2024
  • Sector: Powered access
  • Asset: 5 access platforms
  • Solution: Refinance
  • Facility: £900,000


Opportunity


An existing Broker customer secured a new contract and was looking to purchase assets to fulfil the work.


Solution


To support business cash flow, the existing agreements were refinanced, and the term increased.


Outcome


The overall proposed monthly payment was reduced, improving the security profile of the deal, enabling the Broker customer to fulfil the new contract.


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Existing Broker customer secures finance for business critical assets