The Client.
An aerospace complex assembly and components specialist firm based in Dorset, with
nearly 10 years experience.
The client supplies landing gear, hydraulic and actuation components and assemblies
to the numerous large companies in the aerospace industry.
The Requirement.
Having tendered for and won a lucrative contract with one of the industries biggest
organisations, the client urgently needed funds to complete the project.
Failure to do this would have resulted in heavy fines and a serious risk to the reputation
of the company.
The Solution.
After a detailed but swift fact-find undertaken with the client, the expert team at TML
Finance were able to source an Asset Finance arrangement to the tune of £300,000 for
the client.
This enabled the client to keep their existing assets, rather than sell them to fund the
requirement, as they had initially considered.
The funds were transferred into the client's account less than one week from the initial
enquiry - this allowed them to start work on the project immediately.