Industry: Metal fabrication/engineering
Product: Sale and HP back
Facility size: £300,000
This Northern Irish customer specialises in precision engineering and was looking for funding in order to enable relocation to larger premises. In turn, this would allow the company to expand, following recent rapid growth. Given the nature of the business and the amount of plant and machinery used by the firm, the costs of moving were substantial so a facility size of £300,000 was agreed.
The sale and HP back facility was completed and available for the customer to use within just two weeks, allowing it to realise its growth plans almost immediately.