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The Challenge
An existing customer, operating in the construction industry, urgently needed to secure funds for equipment they needed for an upcoming job.
The business needed a new vacuum excavator ready on their site within a week.
The Solution
Despite the time pressure, Business Development Manager, Tyrell Coley, was able to submit the credit application and secure an approval in a matter of hours.
With PMD’s panel of over 150 lenders, we were able to secure a £510k HP agreement and see it pay out within 48 hours.
The Result
PMD provided a speedy turnaround for the customer, allowing them to proceed with their upcoming job without a delay.
The customer was also pleased with the terms and that no director’s guarantee was needed.
"What makes me happy is providing exceptional service and allowing customers to drive their business forward through new ventures made possible by asset finance. Building trust and sticking to your word is crucial is key to building long term relationships with customers, and there’s no better feeling than delivering on a promise."