A hire business contacted us as they required finance for aluminium sheets which were to be laid in fields to allow vehicles to drive over.
The customer was already dealing with a funder, but they had a limited appetite to fund such an asset as they were so specialist.
As a result, we secured the finance for the sheets on both an unsecured loan and hire purchase basis for up to £3m over three different funders, and this allowed the customer to draw down the funds in 2-3 larger transactions rather than consecutive small ones.
Once the sheets had been financed, the customer then returned to us with a property finance enquiry.
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