How the CBILS scheme helped this client meet a considerable increase in customer bookings by the purchase of a new campervan.
An existing client of Breadalbane introduced us to Hi-De-Hi Campers who were looking to purchase a new motorhome to increase their fleet to 5 as they had experienced a 150% increase in bookings for the upcoming season.
Hi-De-Hi are a partnership run by two partners, meaning that Breadalbane had to use the knowledge of their extensive funder panel to match this criteria and complete the deal, which was done quickly through the CBILS scheme.
Completion of the deal enabled Hi-De-Hi to purchase the new campervan in time for the new season without the need to pay interest for the first year, allowing the business to reduce their monthly expenditure for the first year and maximise profits as a result of meeting the increase in customer demand.
What The Client Said
“I was recommended to use Breadalbane Finance by several motorhome hire companies throughout the UK for my business interruption loan and they didn’t disappoint”.
“The whole process was quick and easy, and I will be using them in the new year for several more business loans to help further expand my business”.
“A big thanks to the Breadalbane team.”
What is Asset Finance?
Free up your working capital by spreading the cost of new or second-hand asset purchases or leverage the equity in your existing assets. Whether it’s equipment, machinery or vehicles, we’ll find the best option to suit the scale of your operations and the flexibility you need to meet customer demand.