Simply pay out £750,000 refinance deal for precision manufacturing company

When a new start business approached asset finance broker Full Metal Finance with a need for a complex refinance solution, Simply was more than happy to take on the challenge.

The business launched in 2023 with the backing of private equity investment. They are a precision manufacturing company in a fast-growing sector, supplying parts for the automotive and innovative technologies industries. Having had a strong first year, the directors were in a position to buy out the investors and were looking for a creative way to do so without incurring any charges to the business.  

After obtaining the valuations, Simply was able to refinance 2x Trumpf 5030 Laser units for the customer, which released £750,000 of equity back into the business as an immediate cash injection.  

Working alongside Full Metal Finance meant that Simply was able to reach this customer in their time of need and offer them the best solution possible. Ultimately, the collaboration gave a young and hungry business the chance to increase their independence, levelling up on their growth journey. 

Refinance can be a creative way to optimise your cash flow, pump money back into your business, and solve logistical problems such as this one. At Simply, we relish the opportunity to come up with unique refinancing options, and it was very exciting to work with this customer.  

Full Metal Finance are an independent asset finance broker and a valued partner of Simply, specialising  in the construction, landscaping, civils and groundworks industries. 

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