Introduced to us by a business consultant contact, the Sussex-based client required £400k, raised through the financing of over 80 assets for the new management team to purchase the shares of the business to fund a Management Buy In, provided by us in the form of a Sales & Hire Back Facility.
Canal Boat Rental Company
When looking to purchase a new vessel and give their office location a bit of a makeover, a canal boat rental company turned to Davenham for help in locating finances through their existing assets to fund their new ventures and keep their head above water.
Vehicle Rental Company
A well known vehicle rental business required a luxury vehicle on hire purchase over a period of 48 months. Not exactly a tall order, but when they also requested VAT deferral, and the option for a 10% deposit, things started to rev up. In a highly geared business like the super car sub-hire market, making finance arrangements like this is no small order, and presented certain obstacles to navigate for our finance team.
After running a successful coach business for many years, personal circumstances meant the client’s previous business had failed and was facing the challenge of building a new business back up again from scratch.
Staging & Events Company
The Director of a well established staging and event company had won the contract to co-ordinate a new bespoke stage at one of the UK’s biggest music festivals, and needed the funds to build something revolutionary.
Contract Food Packer
A broker approached our team at Davenham with the need to refinance the entire production line within a contract food packing business. This would then assist in buying new machinery in order to grow the business, and would also be used to help cash flow.
Television Broadcasting Company
After being introduced to this deal via a broker, our team identified the Television Broadcasting Company’s need for additional working capital, which had arisen due to increasing pressures from the bank.
Rail Hire Firm
An existing rail hire firm client required refinance on a locomotive, in order to gain additional funds to refurbish other locomotives and in-turn help grow the business.
Precision Engineering Company
A well-established precision engineering SME based in South Wales were introduced to Davenham Asset Finance by Steve Richardson of Funding Options. With over 20 years’ experience of high quality, high and low volume production, their directors had already made significant investment to ensure that their plant and equipment was capable of satisfying customer requirements in both quality and volume.