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Case study

Rapid turnaround of Asset Finance deal ensures new contract win for Scot Hoist

Scot Hoist required funding to purchase two new hoists for a new business opportunity. The deal was proposed and agreed in under 24 hours.

The Brief

An existing client of Breadalbane, Scot Hoist, contacted us to arrange funding for two new hoists for a potential new business opportunity. The client required a very quick response as they were on a time sensitive deadline to accept the contract.

The Challenge

Our client required funding approval within 24 hours as the hoists had to be ordered immediately to ensure arrival before the tight contract start date. Without funding, the opportunity would be lost so a rapid turnaround from Breadalbane was critical.

Solution

Jonny Cosgrove collated all the required answers along with helpful supplementary information to help deliver a quick turnaround. By matching his extensive knowledge of our funder panel with the client’s business he was able to streamline the process to ensure the proposal was only presented to a funder that could match the client’s exacting requirements. The deal was proposed and agreed in under 24 hours.

Outcome

Scot Hoist was able to quickly purchase the two new hoists and won the contract. The purchase of this additional equipment places them in a strong competitive position for future contracts to aid business growth.

What The Client Said

“I’ve dealt with Jonny and his team at Breadalbane on a number of Asset Finance deals now and their transparent approach is always first class throughout every process. We’ve always had great service and very competitive rates. They take the time to understand my business so that any future requirements are aligned to the right funder. I’d highly recommend them”.

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.

Get in touch today if you require quick access to funding and we can discuss options available to you. Feel free to call on 0131 281 5343 or send us an email

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