Asset Finance -
We helped an existing client with a lease
Opportunity:
An existing company went into administration, and their crane was repossessed by the finance company . The customer had another company that wanted to buy the crane on finance as they had their contracts moved into the new company.
Approach:
We identified a funder that realised the value in the asset, who also had appetite to deal with a previously failed business.
Solution:
A lease over 48 months was arranged to keep the deposit low and an unencumbered saw was used for the 10K deposit.