No project too large!
Our supplier asked us to speak directly to their customer- who is involved in distribution and has been established more than 20 years. The business is expanding and the management team wanted to make more efficient use of existing premises by installing pallet racking and mezzanine floors. The install meant that the existing lighting would need to be reconfigured and was therefore easier to replace with new cost saving LED lighting representing 50% of the £250k order value.
Interestingly the customer had been planning to delay going ahead with the full project owing to the high cost. They were surprised and very pleased to learn that Prolease can offer hire purchase or lease finance for this type of equipment.
The installation is being phased over the next three months. On previous jobs like this we have provided stage payments however, on this occasion it worked out better for the customer to write the deal in four separate HP agreements, paying out when each phase is complete.
The customer is taking out Hire Purchase agreements over a six year period and benefitting from 100% annual investment allowances. Prolease is very pleased to be involved and this example demonstrates that we have the flexibility to work around supplier and customer needs at all levels and UK wide.