PMD secure £30k asset finance agreement for security business

Due to a period continued growth, a Warrington based business operating within the void security space were seeking funding to invest in further technology.

They had previously managed operations by hiring third party CCTV towers, however had identified an opportunity to increase their margins by acquiring their own equipment.

The customer approached PMD after having been quoted by their existing finance provider but were unhappy with the rates that had been offered.

Jamie Jones, Business Development Manager was able to act swiftly and identify several lenders from our extensive panel who were able to provide a lower rate.

From enquiry to pay out, we were able to secure a £30,000 hire purchase agreement spread across 36 months with a 5% deposit, all whilst being at a lower rate.

This reduction has allowed the customer to pass that saving onto their client base, in a highly competitive industry where every penny counts.

Due to the speed and service, this customer is now in regular contact about future funding opportunities across various products and have now decided to use PMD as their preferred finance partner.