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Battery storage units are seen as relatively new technology and as such a lot of finance providers the company had approached had only wanted to finance the assets with either a larger deposit or shorter repayment term.
Using our wide panel of funders we were able to finance £2m for the client with no deposit, a three month VAT deferral and a 5 year repayment term.
Client was delighted with the terms which supported their cash flow at a time when they had a lot of other outgoings.
To find out how we can help your business like we did here, email enquiries@maffinancegroup.co.uk, call 0115 958 6872 or fill in an enquiry form below.
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