Sale and leaseback to support a fast growing business

A manufacturing company was referred to us during a fantastic period of growth for their products which meant they were in need of additional factory space.

The building was already sorted but there were soft fitting out costs that needed funding. The director made the comment that he had paid for some assets a couple of years ago with cash and on reflection he wished he had financed them and preserved the cash.

We had a look at the security and were happy to re-finance these assets on a sale and leaseback over a two year term, fitting in well with the company’s cashflow.