Case
Study
A family
run plant hire company was buying a used Komatsu PC210 LC-7 Excavator
from a UK supplier costing £42,800 plus vat. Davenham was asked
to assist with the funding of the machine and a deal was agreed. We
provided a lease agreement over a four year term and a nominal deposit
was paid.
The
deal was signed with the company and the supplier was paid immediately
on delivery of the goods.
Case
Study
A
company whose core activity is the production of healthy natural cereal
bars needed to raise additional capital to invest in research and development
for marketing new products.
They
approached Davenham Asset Finance and a valuation of the companys' plant
and machinery was undertaken. Davenham was then able to advance 100
per cent of the asset value and provide the funds required by taking
title to assets already owned by the company.
The
facility provided by Davenham enabled the client to develop new products,
which were then successfully marketed and resulted in increased turnover
and profitability.
