Hire Purchase for Construction equipment

 

Enquiry: An existing customer contacted us looking for finance for a new generator. They were purchasing the equipment direct from the manufacturer to support a new project due to begin within a matter of weeks. 

 

Solution: We were able return to a high street lender who we had already agreed a credit line with for our customer. This deal did mean a change to the asset category, but a hire purchase agreement was offered at a rate our customer was happy with. 

 

Product: Hire Purchase £32,000