The long-term customer has been dealing with MAF since 2019. The corporate level client now works with 3 big supermarkets in the UK and were looking to finance a new crop spray and carrot picker due to expansion of the business.
We were able to arrange over £650,000 in funding for the client to purchase the assets.
Both the deals were funded over 60-months term with a 1-month VAT deferral to assist with cashflow over the quieter winter months for the farming industry.
The customer was delighted with deal due to the rate and terms offer that were considerably lower than other finance providers.
To find out how we can help your business like we did here, email email@example.com, call 0115 958 6872 or fill in an enquiry form below.
MAF InsightsView All
What are the UK interest rates and when will they fall?
The Bank of England has held interest rates at 5.25% for the fourth time in a row, but cuts are expected later in the year.
Double cab pick-ups to be classed as company cars from July 1
HMRC has issued new tax guidance which will result in double cab pick-ups being classified as company cars from July 1.
More SME businesses "going green" in 2023
New research from Aldermore’s Green SME Index has revealed that 489,000 UK small and medium-sized businesses (“SMEs”) qualify as 'green'.