LiuGong Excavators
Civil Engineering Surfacing Contractor
Overpayment options
Clear Business Finance helps a Civil Engineering Surfacing Contractor to secure a £150,000 business loan with overpayment & early settlement options to utilise diversely across their business.
The Challenge
A growing Civil Engineering Surfacing Contractor leading the way in site surfacing (roads, footpaths, and drives) was looking to continue their expansion. They needed to acquire a grabber lorry but didn’t want to commit a large part of their cash reserves to make the purchase. Furthermore, they had recently taken on a number of new employees to fulfil a new contract and were facing a cash flow gap in the short term.
With multiple finance options that could provide a solution, the business needed to be sure they were securing the best facility for their needs but equally didn’t have the time to invest into extensive research. This is where Clear Business Finance stepped in!
Key Facts
Amount Financed
£150,000
Product
Business Loan, Unsecured
Location
Bedfordshire
Contacted us via:
ClearBusinessFinance.com
The Results
At Clear within a matter of hours we had reached out to a number of the UKs leading finance providers who had appetite for our client's funding requirements, subsequently we were able to conduct a comprehensive comparison analysis identifying a facility offering a number of distinctive benefits.
The funding secured contained not only the ability to overpay but also penalty-free early settlement options. Both of which gave our client the flexibility to pay down the facility in a time frame that suited them. The £150,000 cash flow solution could also be used diversely across their business, meaning the one facility was adequate for our client’s variety of needs.
Within a matter of days our client had their new grabber lorry on-site with minimal upfront outgoings and their payroll obligations could be fulfilled on schedule allowing the new contract to proceed without any unforeseen cash flow shortages.
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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