Family business covers new ground after cementing relationship with Simply

Unlocking a new revenue stream is a great milestone for any business, but sometimes it takes a substantial investment to get this off the ground. SMEs often need extra support and flexible terms to take this step confidently, which is where Simply was able to help our customer, a family-run tarmac and aggregates business, find a solution.

Area Sales Manager Mark Riley first supported the customer last October with funding a Renault truck. This, alongside Mark’s consistent support and in-person presence over the past year, cemented the relationship. They now trusted Mark and Simply to support their next stage of growth – an additional revenue stream in vehicle recovery.

When they were ready to invest in a new recovery truck, we were one step ahead as an approval for an alternative asset had been obtained, which allowed for a quick and simple asset reapproval, sorted in under a day, much to the customer’s appreciation.

The £200k truck was funded on a Hire Purchase, with zero deposit and 3-month VAT deferral. These flexible terms allowed the customer to invest on their own timeline, while keeping more cash available to support their business.

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“The trust and relationship we’ve built with the customer meant we could support in a way that made the process quick, simple and seamless.

It’s an absolute pleasure to partner with such a fantastic family-run business and play a part in their growth” – Mark Riley, Area Sales Manager

Finance is not one-size-fits-all and we never try to make it this way. We will always listen to a businesses’ ambitions, needs and concerns and tailor a funding solution to suit these, whether that’s with a tailored repayment plan or a flexible deposit option.

To hear how Simply finance can work for your business, get in touch today.