This family run business in Ireland was established in 2014 and has created a niche in the manufacturing sector whilst growing at pace, winning grant funding and gaining international clients.
The company manufactures and designs highly complex technology and specialist communications equipment. The nature of the work requires a highly skilled workforce and the tools to meet growing demand for the products. This has meant investment in new plant and machinery, growing the workforce and upgrading their premises. It also requires maintaining suitable cashflow for continued operations and planned expansion into other markets.
The company required a specialised lender that could support their investment plans over the long term. The team at Close Brothers Commercial Finance visited on-site and took time to understand the business model and plans for the future. This enabled them to provide a tailored, flexible funding solution with access to dedicated client managers that would provide the support and stability needed.
Asset Finance for your business
If you need to acquire new equipment or machinery asset finance can be used as a flexible form of funding for SMEs. At Close Brothers Commercial Finance, we offer a range of asset finance options, including hire purchase, leasing and capital release. Read more about how we can support your business.