£250K HIRE PURCHASE DEAL FOR CLIMBING CENTRE
- Thomas Sudds
- Aug 14, 2023
- 1 min read
Updated: Oct 31, 2023
Our Director - Thomas Sudds, recently completed a Hire Purchase deal worth up to £250,000 for a UK Leading bouldering franchise with multiple gyms across the UK.
The client applied for funding as part of their franchise expansion efforts, with the intention of acquiring a new centre to accommodate their growing operations.
Tom was able to use our comprehensive 125+ lending panel to be able to put together a bespoke Hire Purchase Asset Finance deal, which consisted of 60 affordable monthly payments with the client fully owning the equipment!
Are you a business looking to acquire another franchise? With Hire purchase asset finance you can preserve valuable working capital by purchasing equipment, machinery or vehicles with affordable monthly repayments.
Asset Finance can take on various forms including Hire Purchase, Leasing or Refinance. Also known as Equipment Finance, this type of product also allows for the offset of costs against profits, which is an effective tax relief strategy for any business.
Asset Finance can be used for assets traditional hard assets such as; Commercial and Business Vehicles, CNC Machinery, Plant Equipment, Fort-lifts or soft assets such as IT Software and Systems, Office Furniture, Fit Out Fixtures and Fittings and in this case… rock climbing equipment!
To find out more then please contact our director - Thomas Sudds at 07860 873899 or email him at tom@approved-finance.co.uk. Alternatively, you can click on the link below to download our finance guide:
