25th April 2019
Davenham delighted to be featured in NACFB Magazine again
Now in our 6th year of bringing back customer service to the asset finance market, the Davenham team are still just as dedicated to supporting our brokers and clients through tailored asset finance solutions. Davenham have been providing funding for both for everyday assets, as well as for business turnaround situations – just like a recent deal that generated interest from leading broker membership publication – NACFB magazine.
When the owners of a precision engineering company decided it was time to hand their business “baby” over to a new management team, their business advisor – a longstanding contact of Davenham Asset Finance – got in touch with our Sales Director, Paul Lovelock, to help coordinate and fund a management buy in.
As well as travelling to the premises to meet the senior team involved in the transaction, the Davenham team were required to assess and value over 70 machines and equipment to raise £300k of the total £1million needed for the deal, through asset finance.
It was our reputation for attention to detail when it comes to structuring such an intricate deal involving banks and legal teams, as well as our ability to deal with the sensitive elements of the project, that won us the proposal and saw the funding raised quickly for the client. The full article can be read on NACFB’s website here: https://issuu.com/nacfb/docs/nacfb_mag_december_2018/30
If you’re looking to exit your company and need to raise funds for a successful management buy out or management buy in, or if you’re looking to raise finance to aid the growth of your business, please get in touch with one of our expert team on 0161 832 8484. In the meantime, you can visit our website for further information on how we work.
When the owners of a precision engineering company decided it was time to hand their business “baby” over to a new management team, their business advisor – a longstanding contact of Davenham Asset Finance – got in touch with our Sales Director, Paul Lovelock, to help coordinate and fund a management buy in.
As well as travelling to the premises to meet the senior team involved in the transaction, the Davenham team were required to assess and value over 70 machines and equipment to raise £300k of the total £1million needed for the deal, through asset finance.
It was our reputation for attention to detail when it comes to structuring such an intricate deal involving banks and legal teams, as well as our ability to deal with the sensitive elements of the project, that won us the proposal and saw the funding raised quickly for the client. The full article can be read on NACFB’s website here: https://issuu.com/nacfb/docs/nacfb_mag_december_2018/30
If you’re looking to exit your company and need to raise funds for a successful management buy out or management buy in, or if you’re looking to raise finance to aid the growth of your business, please get in touch with one of our expert team on 0161 832 8484. In the meantime, you can visit our website for further information on how we work.