We were approached by a client who had recently invested in new plant for a sizeable contract and the contract was significantly delayed due to unforeseen circumstances, creating a cash-flow issue for the client.
Given the value of the assets that had been purchased we suggested, given that the goods had been purchased within the last three months, that the client use a Sale and HP back facility; where a lender would buy the asset from the client and then the client would enter into a hire purchase agreement for the assets with the lender. This would release the cash from the assets and help the client overcome their cash-flow issue.
After a few calls we had the deal approved and the client had the funds paid into their account, removing their cash-flow concerns.
Due to expansion of their business, a long-standing client purchased new, larger office premises. The premises were refurbished and we were contacted prior to the move-in date as the client was growing concerned about the escalating cost of the new equipment needed for the premises.
In addition to office furniture, we suggested that our client financed the IT hardware, networking and software, the fire alarm, the door entry system and the telephony system. Our client was pleasantly surprised by this suggestion as we had only financed machinery and vehicles for them in the past.
Moving premises was, as expected, a stressful experience for our client but we ensured that it was much more affordable for them.
One of our established clients encountered potential cash-flow issues when they were faced with an unexpected tax bill. This raised serious cash-flow concerns for the business.
After a meeting with ourselves we suggested that they raise the required funds by refinancing some of the unencumbered assets that the business owned.
We successfully organised the refinance deal and provided an affordable, cash-flow friendly solution which allowed our client to pay their tax bill and also left an amount to help with ongoing cash-flow.
Contact us today to see how we can help. It might be the best call that you’ve made all year.