Latest Scaffolding Deal
In a significant boost for local business, First Oak Capital has successfully secured £150,000 in hire purchase financing for a family-operated scaffolding company based in the Midlands.
This strategic financing covers essential scaffolding equipment, including tubes, boards, fittings, and gates, facilitating an expansion in operations and services that propels the company toward significant growth.
The deal, expertly crafted by our senior finance broker, Roland Tedder, includes a VAT deferral until the end of the next VAT quarter. This thoughtful structuring not only addresses the immediate financial needs of the company but also enhances their cash flow management, allowing them to invest in other areas of their business concurrently.
Such financial flexibility is pivotal as it enables businesses to react swiftly to market opportunities without being hampered by upfront costs.
Scaffolding finance is an invaluable tool for companies looking to expand quickly. It offers the ability to acquire and deploy additional resources without delay, driving faster completion of projects and an increase in business capacity.
This tailored financial solution came at a crucial time for the Midlands company, which had previously encountered less competitive quotes from other finance providers.
Looking to the future, the company is now in the process of acquiring a dropside lorry, with First Oak Capital also arranging the funding. This ongoing partnership not only underscores our commitment to supporting local businesses but also showcases our ability to provide customized financial solutions that drive real business growth.
In addition to hire purchase options, First Oak Capital offers a range of financing solutions tailored to the diverse needs of scaffolding businesses. These include leasing options, which provide flexibility and maintenance advantages, and commercial loans that can be used for broader business investments such as facility expansion or purchasing additional inventory.
We also facilitate bridge loans to help companies manage cash flow during peak periods or when awaiting payment from clients. Each of these financial products is designed to support scaffolding companies in maintaining continuous operations and pursuing growth opportunities without the burden of substantial upfront expenditures.
By offering a suite of adaptable finance options, we ensure that your business can find the perfect fit for its financial strategy and long-term objectives.
For more details on how First Oak Capital can assist with your business financing needs and help accelerate your company’s growth, visit our website or contact us directly.
