Business Loan
A plant hire company based in Manchester was looking to buy some small plant and tools to add to their hire fleet, total value £50,000.
Having dealt with SKM Asset Finance Ltd for over ten years they approached us to provide the funding.
We explained that with the nature of the assets, the finance rate on a Hire Purchase agreement would be more expensive than when they had financed mini excavators and other larger construction plant.
We suggested that an unsecured business loan over three years would offer a more competitive rate and after the company agreed with this, we received a finance approval within 48 hours of submitting the proposal.
The company was satisfied with the offer and received the funds 72 hours later which meant that they could pay ‘cash’ for the plant and tools they required.
Contact Us
SKM Asset Finance Ltd
Finance House
45 Grange Road
St Leonards
Ringwood
Hampshire
BH24 2QE
T: 01202 855080
E: steve@skmassetfinance.co.uk
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