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Bevelling Machine for Engineering Company - Own Book

Sector: Manufacturing & Engineering | Value: £16,500
Equipment type: MACHINERY | Term: 3 YEARS

Bathgate financed some machinery for this engineering company.

Problem:

An established pipe services, engineering and steel fabrication company was looking to increase productivity by purchasing an additional bevelling machine.

 

Approach:

Bathgate were introduced by their accountant who had recently taken the client on to their books. We were quickly able to provide a quotation and subsequently approve a facility to allow the client to confirm an order with their supplier who was securing the goods from Europe. Upon satisfactory receipt of the goods the client authorised Bathgate to pay the supplier directly.

 

Solution:

A finance lease facility was approved over 3 years via Bathgate's own book facility. Subsequently we have met the client at their premises and discussed future opportunities where we could help support the growth of the business.