Jan 8

Mansfield based business acquires new CNC machine through Affinity

Posted: 8 January 2013 by admin

We were approached to support a local business acquire a machine which was integral to their growth plans.

The new machine meant they could streamline their existing production facility and part-exchange an ageing piece of equipment as part of the deal.The acquisition provided efficiencies across the board through reduced costs and meant additional customers could be gained as their capacity had increased.

The £180K facility was placed with minimal deposit, 5 year term and a 3 month VAT deferral to help assist with cashflow. The customer was delighted as they didn’t have to find a considerable amount of cash, especially as they were at the end of their VAT quarter.