DEALS OF THE MONTH DECEMBER 2019
Posted in: General | Posted on: 29 November 2019
2019 is almost over and it's time to share our final Deals of the Month for this year. Thank you to all our brokers for the continued supported throughout 2019.
Here's some business that we recently transacted...
HARD ASSET REFINANCE
SECTOR: CONSTRUCTION & CIVIL ENGINEERS
AREA: LANCASHIRE
FACILITY: REFINANCE
ADVANCE: £80,000
PROBLEM?
CASH NEEDED TO HELP SUPPORT A NEW CONTRACT
SOLVED!
KAFL RECOMMENDED THEY RAISE FUNDS BY REFINANCING THEIR UNENCUMBERED PLANT EQUIPMENT.
SALE & HP BACK FACILITY AGREED BY KAFL OVER 48 MONTHS WITH STRONG PG’S
HARD ASSET
SECTOR: ROOFING COMPANY
AREA: NORTH WEST
FACILITY: HIRE PURCHASE
ADVANCE: £14,000
PROBLEM?
NEW START COMPANY REQUIRING A USED COMMERCIAL VEHICLE
SOLVED!
THE BROKER WHO HAD ASSISTED THE DIRECTOR WITH HIS OTHER BUSINESS PROPOSED THIS DEAL TO KAFL TO INCLUDE STRONG CROSS COMPANY GUARANTEE AND PG. AGREED BY KAFL OVER 36 MONTHS
SOFT ASSET
SECTOR: DENTAL CARE
AREA: MIDLANDS
FACILITY: FINANCE LEASE
ADVANCE: £25,000
PROBLEM?
ESTABLISHED DENTAL CARE COMPANY REQUIRED FUNDING OF NEW ASSETS FOR REFURB BUT DIDN’T HAVE THE SUPPORT OF THEIR BANK
SOLVED!
THE BROKER SUGGESTED A FINANCE LEASE. THE DIRECTORS DELIGHTED THAT THEY COULD ACCESS THIS TYPE OF FACILITY. KAFL AGREED TERMS OVER 3 YEARS WITH 2 PG’S
Send your proposals to newbusiness@kingsleyassetfinance.co.uk
