Case Study – Forensics Company
The customer was purchasing off multiple suppliers. Over £140,000 of the costs were for assets with little or no resale value. These assets included joinery works, window blinds, acoustic quilts, floor coverings, doors, stud partitioning and suspended ceilings. As well as electrical works, CAT 5 cabling, security grills, removal of toilets and building of a kitchen.
Fit Out Finance used three separate funders who were able to fund different parts of the overall refurbishment. In doing this, we were able to ensure the client had a finance facility in place for all their needs, as well as ensuring all suppliers were paid as and when they completed their installations.
The full cost of the renovation was financed, the client benefiting from an overall cheaper blended cost of funds. The client, based in Warwickshire, is now building up a payment record with three separate finance companies, making it easier to lease at a later date.
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