How Does A New Engineering Company Get Finance

Like any good engineers, Ben and Matt Wesley decided they could do it themselves, so they set out on the adventure of setting up ProSpeed Engineering in Ramsgate. The first thing you do is get a machine tool, but, taking that in to consideration, they also wanted to ensure that the machine they bought would be capable of meeting demand as the business grew.

So they decided on a Haas VF4 ss – fully specced with the latest technology.

Next step – How on earth will they pay for it?

This is where Paul from Asset Finance Northampton stepped in and sorted things out. But how did he get finance for a brand new company? Easy really, if you know your stuff, and, low and behold, Ben and Matt are now the proud owners of a new machine.

Once again, Finance Made Easy from Asset Finance Northampton.