The business wanted to fund the machine while keeping cash for wages, tooling, materials and normal operations. The machine could be acquired without taking £185,000 out of working capital in one payment.
An established precision engineering business wanted to buy a new CNC machine.
The equipment would increase production capacity and reduce the need to outsource work.
01
The requirement
The business wanted to fund the machine while keeping cash for wages, tooling, materials and normal operations.
02
The challenge
The company did not want to use short-term borrowing to pay for an asset expected to stay productive for years.
03
The structure
We arranged asset finance structured around the machinery, so the repayments were spread over the working life of the equipment.
04
The result
The machine could be acquired without taking £185,000 out of working capital in one payment.
What our clients say
Simon was fast, kept us updated at all stages and was a real pleasure to work with on our asset finance. I highly recommend this company: excellent service all round.
We were looking for finance for new equipment. Simon is excellent and objective-driven, without the horrendous form filling of your usual high street bank. The whole thing took just a few days.
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How can an engineering or manufacturing business fund work in progress?
Options include working capital loans, invoice finance and asset finance for equipment, depending on where the cash is tied up. See manufacturing finance.
Is this a real transaction?
Yes. Every case study on this site is a transaction we arranged and saw through to completion. Client details are anonymised, and we only publish what we can verify: we never invent figures, rates or outcomes.
Do you lend the money yourselves?
No. Smart Funding Solutions is a credit broker, not a lender. We search a panel of 300+ lenders, present your case to the ones whose criteria fit, and manage the application through to completion. The lender makes the final decision and all finance is subject to status.
What does it cost to talk to you?
It is free to enquire and there is no obligation. Any broker fee is disclosed separately before you proceed, and there is no obligation to accept an offer.
Your business
Could this structure work for your business?
Every case is assessed on its own merits. These pages explain the finance used here and what lenders look at.
Client details are anonymised. Every case is different and past results don't guarantee future outcomes: lenders set their own criteria and all finance is subject to status.
“Simon was fast, kept us updated at all stages and was a real pleasure to work with on our asset finance. I highly recommend this company: excellent service all round.”
“Spoke with Simon, who managed to get me the loan I needed promptly. The whole process was very smooth and was completed within a few days.”
“Getting a business loan can feel like a bit of a minefield, but everything was broken down for me in great detail. Will use again in the future!”
“Simon was a pleasure to deal with and helped us find a business loan that matched our growth goals and future expansion plans.”
“I couldn’t source funding for my business, but the team got in touch within an hour and had it sorted within 24 hours. Fantastic service, and I would definitely use them again.”
£145,000
£81,900