Small business finance
It is great news for a small business when it wins a large contract as this can transform the business' prospects. However, the contract may require significant investment which the business cannot afford. Leasing the assets required provides a good solution to affordability and to the risk inherent in any such investment.
A packaging company won a contract to provide and run packaging and printing machinery for a major household goods manufacturers UK distribution centre. The contract was for a minimum of two years with an extension of a further two years guaranteed if key performance indicators are met. In practice the contract could continue well beyond four years, contributing turnover of £5 million per annum to the company.
Bluestone, in competition against other brokers, secured rates and terms which matched the client's requirements in spite of the client's exposure to the market due to the amount of machinery needed to secure the contract. As a result the client has been able to take on the contract and move to the next level in its development.
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To find out how Bluestone Leasing can help with your asset finance & business leasing needs, simply call 01924 248800 or complete our contact form.