We were approached by a broker partner with an opportunity to finance three new midi buses for a long term council contract. The structuring of the transaction was critical to the company in order to achieve their financing plans within a strict budget.
The customer was well established and a substantial operator in the local area. The broker had a long standing relationship with the directors and had transacted many previous deals successfully.
By working closely with our broker and the customer we structured a payment profile with a realistic residual payment which allowed the customer to achieve the monthly cost that fitted their budget, within the short timeframe required.