Cash efficient equipment upgrade
Stonemason Business
Expanding operational capabilities
Clear Business Finance helps a long-established stonemason to acquire the lasts stone cutting machinery in order to avoid expensive outsourcing.
The Challenge
A UK based stonemason extracting beautiful stone and providing a range of comprehensive services ranging from design, technical advice and quality craftmanship, were looking to further expand the breadth of their operational capabilities.
They had to date been outsourcing a particular element of their work and they were planning to bring this inhouse through the acquisition of an OMAG five axes CNC cutting machine. This would require a large capital commitment from the business totalling £151,680 and with resources currently tied up in the continual cash cycle required to fulfil existing/new contracts, the business owners faced a problem. They had the desire to develop their company but didn’t want to stifle liquidity in doing so. It would be a risk to commit this level of expenditure from their cash reserves.
Key Facts
Amount Financed
£151,680
Product
Equipment Finance, Hire Purchase
Location
Midlands
Contacted us via
Phone (We are easy to talk to)
The Results
At Clear Business Finance we have a demonstrated history of helping UK businesses to acquire machinery in a cash effective manner. Therefore, facilitating a tailored solution is something we are well accustomed to. As with every finance enquiry we initially made sure we took the time to fully understand our client’s unique goals and subsequently only presented the most fitting financial solutions. This process we can conduct very quickly during a short call and we feel our diligence is something which sets us apart from others, it helps us to ensure highly competitive terms are provided to our clients every time.
The end result, we secured a very competitive hire purchase solution, which broke our clients £151,680 investment down into manageable monthly repayments over a 5-year term. Furthermore, the funds were synchronised perfectly with the delivery of the asset and the machinery supplier was paid directly, helping to take one additional thing off of our client’s minds. The agreement also provided this UK business owner with the added comfort of knowing that their instalments would be contributing towards their eventual ownership. Enquiry to approval took less than 48 hours.
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Success Stories
What are your ambitions and how can your business achieve them? Here are a few recent examples of how companies like yours are fuelling their growth plans with the right financial support.
EQUIPMENT FINANCE
Amount Financed
£81,525
We all want the right tools for the job, so you will be pleased to hear we’ve made acquiring equipment a whole lot easier.
#DealOfTheWeek!
Term
4 Years
Equipment
New Large Litho Printer
BUSINESS LOANS
Amount Financed
£250,000
Winning a new contract is great but having the capital to meet the requirements, is just one example of how we help companies across the UK on a daily basis. #DealOfTheWeek!
Term
3 Years
Reason for loan
Contract fulfilment
VEHICLE FINANCE
Amount Financed
£165,000
The MD of a UK based property investment company asked us to organise the finance agreement for her new vehicle. It was a roaring success! #DealOfTheWeek
Term
4 Years
Vehicle
Aston Martin Vanquish S
EQUIPMENT FINANCE
Amount Financed
£468,000
Breaking down the cost of your new plant machinery over a 1 to 5-year term, can allow you to limit your upfront outgoings & protect your cash flow. #DealOfTheWeek.
Key Benefits
Leading Terms & VAT Deferrals
Equipment
Three New LiuGong Excavators
INVOICE FINANCE
Approved Facility
£50,000
Get paid on time, every time. Your invoices can provide you with instant funding. No more waiting 30 - 120 days for payment, get your money upfront. #DealOfTheWeek!
Facility
Full Book
Available funds
within 24 hours
DEVELOPMENT FINANCE
Amount Finance
£151,000
80% of the sites value with no personal guarantees gave our client sufficient time to secure the site and gain planning permission.
#DealOfTheWeek
Facility
Bridging Loan
Term
6 months
EQUIPMENT FINANCE
Amount Financed
£232,500
Protect yourself against asset depreciation & keep up with ever-evolving technology. Finance your tech related acquisitions & upgrade at any point. #DealOfTheWeek!
Client
Two Medical Supercentres
Equipment
Handsets, CRM Integration & PC's
GREEN ENERGY FINANCE
Amount Financed
£550,000
Our client was able to totally remove his business’s reliance on natural gasses and switch to green energy for a fraction of the cost.
#DealOfTheWeek
Term
5 Years
Equipment
500kw Solar PV Install
MERCHANT CASH ADVANCE
Amount Advanced
£190,000
A financial solution where repayments flex in line with your future debit/credit card transactions, mirroring the ups & downs of your business. #DealOfTheWeek.
Available funds
within 24 hours
Client
A leading tooling retailer