When an established plant hire solutions business was seeking 5 new Hamm Tandem Rollers, it became clear after an initial conversation that these would be business critical assets. When it comes to income generating assets, it goes without saying that the quicker a deal can be done, the better.
Introduced to Simply by one of our valued broker partners, Enduro Finance – who’s reputation is continually growing within Simply’s credit and operations teams – this application was submitted and paid out within 48 hours.
Due to the quality of the customer and the assets, the business was eligible for Simply Plus, and we were able to write the deal with no deposit and over the customer’s preferred term of 20 months, ensuring they could maintain the high standards of equipment quality they take great pride in and their respected reputation. On top of this, the quick turnaround was fundamental so the equipment could go out on hire and the customer could take advantage of supplier discount.
“This was a standout deal for us. Simply Asset Finance moved incredibly quickly, from underwriting through to documentation. James and the wider support team were brilliant throughout, staying close to the deal right up until pay-out. It all happened during a particularly busy month-end, but the process remained smooth and responsive from start to finish. A great example of what a strong funding partnership should look like.” said Chris Smith, Enduro Finance.
Enduro Finance are an independent asset finance broker and a valued partner of Simply.
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This deal showcases how working closely with our brokers, means we can deliver great outcomes for our customers! Even despite a busy month, Simply still made our customer the priority by staying close to the deal right up until pay-out.”
James Robins, Broker Development Manager
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