Here are just a few of the assets financed for our Broker Partner customers in 2018:
£70k of racking/shelving for a well-established and profitable clothing retailer – DG taken.
£20k of specialist spraying equipment supplied by a non-UK based supplier.
£17k of hairdressing furniture and fittings for a hairdressing and beauty salon.
£40k for a central heating system for a nursing home.
£15k of cattle for sole trader dairy farmer.
£40k for a 2001 press brake machine for a manufacturing company – 3 year lease with 10% deposit.
£50k for a laser hair removal machine for a beauty salon.
£48k balloon refinance for a Porsche Carrera Coupe 911 – over 3 years with a 65% balloon.
£45k for a Mercedes GLS350D with a 3-month VAT deferral.
£26k horsebox for agricultural haulage business – modest profits but supporting bank statements and home owning DGs taken.
£28k for an Ausa Dumper for a plant hire company with a 3-month VAT deferral.
Refinance & Sale & Leaseback/Hp back
£25k sale & HP back of bakery equipment up to 12 months old.
£40k refinance of 3-year-old storage containers – with 2 debenture waivers and a DG.
£45k refinance of a Rotary Filler for a milk production company.
Previous credit issues considered:
Confidence in the market is much improved from a few years ago, but people can still find it notoriously difficult to obtain finance for many of the more unusual or unique purchases, which need more than a simple automated decision to be approved.
We deal with each case on its own merit, we get to know your customers current circumstances and of course will ask all of the mandatory questions. The aspiration for our company is to bring back the personal feel to finance service, by being able to lend money from our own business funds, this is exactly what we are doing with over £73 million of our own funds lent to 1000’s of people & businesses since 2005, some examples below:
£80k Volvo loader for a civil engineering firm in Scotland – with a seasonal payment profile – previous business adverse.
£20k of skips for a waste management company – some adverse but strong DGs taken.
If you’d like to hear more about Ignition, and how we could be a valuable addition to your funding panel, please call Stuart Berry on 07587 039394.