Finance - Case Study

Businesses are often surprised at the range of assets and services that can be funded when they are undertaking interior projects.

The Brief

A large and diverse group of companies with a significant interest in property development was planning to purchase high quality office furniture for their impressive new head office in the North West. The company had the capital to purchase the building but they wanted to lease the £300,000 of furniture they required, which ranged from a new boardroom table to furniture for a new canteen. Our leasing partner, Bluestone Leasing, were introduced to the company and presented with the option of leasing the project using a total ‘turnkey’ solution.

The Finance Solution

It subsequently emerged that the company also wanted to carry out a complete re-fit of their North East office. We agreed rates for the entire project and then had to co-ordinate both installs simultaneously to ensure that an aggressive timetable was met. As many suppliers were involved in both projects, communication with all suppliers involved with both installs was key to make certain there were no delays.

The rate was secured together with a credit line of £750,000, giving the client the flexibility to draw down the finance as and when required.