Success Stories

schoolFunding for Schools

In the last 12 months we have secured funding for over 40 schools across the country. Like the schools we have supported, we understand the importance and benefits the latest telecommunications and IT technologies can bring to the Education Sector. We also understand the budget constraints, which can restrict your access to these latest technologies. By providing finance options bespoke to the education sector we have been able to overcome these budget constraints.

 

Funding for Medical Practices

We have provided funding for over 30 Medical practices during the last 12 months to help finance changes to how these practices work. The process to obtain the finance required to cover extra costs was quick and easy, with facilities being approved and paperwork being drawn up within hours. The agreements we helped put in place are straightforward, easy to understand and very competitive.

 

 

Dental Practice secures £50,000 for new Telecoms/IT infrastructure

The impact of Covid has affected all most every sector of the economy including dental practices. In August we were approached to secure a £50,000 facility for a 3 site practice who were looking to acquire a new telecoms/IT solution that would enable staff to work from home, link all three sites together and also save money compared to their existing solution. By working closely with the supplier and the practice manager we were able to gather all the information needed to secure the facility they required even though the customer had already secured CBILS loans for other requirements.

 

Legal Practice secures £50k funding for Software approved in 48 hours

Providing funding for software is fairly straightforward when the author is “blue chip” when the author is not so well known it is not so straight forward. The customer had originally gone to their bank but were unable to provide a facility as it fell outside their guidelines. By working with the supplier, the customer and the lender we were able to provide a lease facility of £50k within 48 hours which more than satisfied the customers requirements

 

CANDAF 6

Corporate & Asset Finance provide solution for Software Heavy deal

A client wanted to invest £30,000 in a new communication solution for its call centre to improve efficiency and profitability. The project was made up of approximately £10,000 in hardware, £15,000 in software licences and a further £5,000 to cover time spent managing the project and implementing the installation.

They had traditionally used their ‘high street’ leasing company for all their asset finance requirements and approached them for a facility to cover this proposal. Despite an excellent track record & healthy financials, the Lender was only prepared to fund the hardware element of the project. This did not satisfy the client’s needs.

Corporate & Asset Finance were approached and sourced a solution with one of their partners which was not only competitively priced, but also covered the total project cost. The deal was accepted and documentation drawn up in less than 24 hours to prevent any further delay to the project.

 

£500,000 IT Facility helps expand businessCANDAF 7

One of our partner suppliers needed to invest £500,000 in a Data and Storage solution to enable them to offer hosted IT facilities to their customers. The business, although well established, did not have a balance sheet strong enough (net worth just less than investment amount) to support a facility of this size, without the need for additional security. However Corporate and Asset Finance were able to work with our client, the supplier and the manufacturer and were able to submit a full appraisal and business plan to support an application. By scouring the market we were able to finance the total project with one lender on a 3 year lease and with no additional security. The project has seen the business grow by 20% and secure long lasting ongoing revenues.

 

£140,000 Lease Facility wins order for CANDAF 8supplier

A supplier we partner has won an order to supply £140,000 of servers to a new customer The project was rolled out in 6 x £23,000 tranches over a 12 month period. The supplier won the order as they were the only supplier that was able to source investment funding for the customer. The customer, although reasonably well established, did not have a balance sheet strong enough (net worth of only £400) to support a facility of this size, for this type of asset. However by working with the client, looking at the back ground of the directors behind the business, obtaining additional financial information and providing a full appraisal Corporate and Asset Finance were able to obtain a 3 year lease facility split between two lenders and without any additional security.

 

CANDAF 9Vendor/Supplier Caught out by ‘’Small Print’’
turn to Corporate & Asset Finance

We have worked closely with many Suppliers and Lenders to come up with bespoke trading agreements that ensures both parties are protected and all agreements are honoured for the full life of the contracts. We now partner many suppliers/vendors who have fallen foul of the ‘’small print’’ ‘’legal speak’’ provided by some lenders and brokers who have not honoured the essence of their agreement by falling back on misleading small print. Our attention to detail in relation to the ‘’whole package’’, ‘’ no hidden costs’’ clear and simple documentation along with our reputation for integrity has been one of the key reasons our supplier/vendor base continues to grow and we maintain long lasting relationships.

 

CANDAF 10Micro Brewery brings success and increased profitability to Country Pub

Corporate and Asset Finance were able to secure funding for purchase of a 6 barrel brewing system to enable a village pub to establish its own micro brewery. The development of this side of the business has not only increased profit significantly on beer sales but also created a niche for the pub and established it as a true ‘Real Ale Pub’. They also secured incremental business by supplying other clubs and pubs. In the words of the business owner, obtaining investment with the help of Corporate and Asset Finance was ‘’the best thing we ever did’’

 

CANDAF 11#Golf Club secures £¼m funding to replace Greens Machinery

Investing in the latest technology and the most up to date equipment is important to keep a golf course up to scratch. We were able to assist a local golf club secure funding for new greens machinery. This investment not only improves the efficiency of the greens staff but also enables them to get on with other essential jobs and projects that will enhance the course both as in terms of challenge and its condition, which is essential to attract new members, green fees and societies. Securing funding for on-going investment is essential and the additional revenues ensures the long term stability of the club.