Broker Tobias Osborn secured £31,000 over 60 months for a Bobcat E27z, helping the client overcome funding barriers and drive new growth.
For construction firms, access to the right equipment can unlock new opportunities and enable growth. One client needed a Bobcat E27z Mini Excavator to take on additional contracts and meet rising demand.
However, their finance application was initially declined due to an outstanding Bounce Back Loan (BBL) linked to a former director. This unresolved liability created a barrier with mainstream lenders.
Broker Tobias Osborn stepped in to structure a solution. He secured a £31,000 asset finance facility on a 60-month term, enabling the purchase of the excavator despite the client’s initial challenges.
The outcome was immediate: with the new machine, the business could take on more contracts, work more efficiently, and deliver a significant increase in turnover from newly secured projects.
Key Highlights
- £31,000 asset finance facility arranged over 60 months.
- Broker: Tobias Osborn – delivered a tailored funding solution.
- Funded the purchase of a Bobcat E27z Mini Excavator.
- Overcame challenges linked to an outstanding BBL from a former director.
- Enabled the business to secure new contracts and increase turnover.