Bendi Forklift
Bathroom Manufacturer
Stage Payments
Clear Business Finance helps a stylish and contemporary bathroom product fabricator to acquire a range of soft fixtures and fittings to undertake an office fit-out.
The Challenge
A well-recognised global bathroom manufacturer and distributor of sanitary ware was looking to increase the size of its operations and required funding for an office fit-out. They had already engaged with two other finance brokers and were looking for a flexible solution on competitive terms.
The project consisted of a range of soft fixtures and fittings including but not limited to flooring, partitioning walls, and electrical work. These are assets that most lenders will not fund and therefore added a layer of complexity. Another consideration was that the project involved several suppliers who needed full payment of their services at different phases of the project.
Key Facts
Amount Financed
£229,000
Product
Equipment Finance, Leasing
Location
Cheshire
Contacted us via
Phone (We are easy to talk to)
The Results
Clear Business Finance secured all of the required funding via one lender and agreed competitive terms over a 5-year finance lease.
We arranged for the various suppliers involved to be paid upon completion of each stage. While the customer had the control & comfort of signing off each phase of the project before payment was released. In total we agreed 5 stage payments with the finance agreement commencing upon completion of the final stage, only then did the customer start to make their repayments.
Working closely with the client to ensure they were happy as the project progressed and the flexibility of the secured solution certainly demonstrated how Clear will go the extra mile.
The new office fit-out is now allowing our client to take on more staff to sufficiently service their expansion plans.
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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
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£81,525
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Term
4 Years
Equipment
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BUSINESS LOANS
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£250,000
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Term
4 Years
Vehicle
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Approved Facility
£50,000
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Facility
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Available funds
within 24 hours
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£550,000
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Equipment
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MERCHANT CASH ADVANCE
Amount Advanced
£190,000
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Available funds
within 24 hours
Client
A leading tooling retailer