Winning a new contract
Leading Demolition Specialist
LiuGong Excavators
Clear Business Finance helps a leading demolition specialist to negotiate discounted settlement figures on three existing machines & in turn acquire three brand new LiuGong excavators to keep up with the evolution of their sector.
The Challenge
A leading provider of turnkey demolition services specialising in industrial, commercial, and residential projects across the construction industry was looking to keep up with the evolution of their sector and replace several ageing assets. However, they were finding this a complicated process within their desired timeframe due to outstanding finance agreements consuming their cash flow.
Furthermore, the senior management of the business was focused on the day-to-day running of their operations and their normal banking avenue wasn't willing to facilitate this undertaking due to the moving parts involved.
Our client needed a cash flow solution with minimal fuss in order to support their continued growth.
Key Facts
Amount Financed
£468,000
Product
Equipment Finance, Hire Purchase
Location
West Sussex
Contacted us via:
Phone (We are easy to talk to)
The Results
At Clear we have a dedicated team of business finance experts who have an in-depth knowledge of the construction sector. Subsequently, we took a leading role in negotiating discounted settlement figures on the three existing machines through our long-standing relationships with UK lenders, which in turn freed up the client’s capital for this new investment.
Next, we were able to secure our client multiple Hire Purchase agreements totalling £468,000 to acquire three brand-new LiuGong excavators. Furthermore, we ensured each agreement came with a three-month VAT deferral, helping to keep upfront outgoings to a manageable minimum & giving out client suitable time to get the new machines on site and to start generating a return on their investment.
Our solution not only provided our client with competitive terms and ensured they were now suitably positioned for their next upgrade cycle but we had also elevated this financial administration from our client, saving them time to focus on running their business.
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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.
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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