Jan 8

Nottinghamshire based Haulage Company ‘sweats their assets’ through Affinity

Posted: 8 January 2013 by admin

A local business known to Affinity for many years needed to ease cashflow, and felt approaching the bank was not an option.

The business is of a seasonal nature and therefore cash was squeezed throughout certain months of the year. Also, as large projects were looming they needed the additional cash support to fulfil their contracts before ultimately receiving payment from their clients.

Affinity utilised their expansive fleet releasing cash from unencumbered tractor units and trailers providing an instant cash injection. The deal was completed within a week and no additional security was taken.

Tom Adams of Affinity said: ‘This was the perfect solution for our client, the process was quick and simple providing the solution they were looking for.