Case Studies
We have been financing for 20 years and here are some of our Case Studies:
BIG DEALS
Multi National software provider required a £1.6 Million advance to fund an operating platform for a UK Police Force with a demanding legal department overseeing the supply contract. Premier arranged funding within 5 working days on a bespoke lease agreement at an interest rate below clearing bank sell rates.
NEW START DEALS
New Delicatessen required finance for mission critical catering equipment to avoid using valuable working capital. The business had no accounts or business plan but Premier arranged a credit line using the business bank statements as a guide of trading performance.
QUICK DEALS
IT system replacement including intangible soft costs (cabling, configuration and project costs) rolled into a finance package for a manufacturing company. The deal was underwritten, documentation e-mailed and Supplier paid within a week.
ETHICAL APPROACH
Equipment supplier unwittingly signing Customers on Minimum Term Leases became fed up with a barrage of customer complaints as their leases automatically tripped into a Secondary Rental period only ending when the Customer spotted it on their Bank statements. Supplier switched to Premiers industry original Fixed Term Contracts and existing book management facility allowing them to sell new deals with confidence.
SALES GROWTH
For over 20 years, this Medical equipment company has been respected as a class leader in the development and manufacture of sterilization and disinfection equipment with over 1 million units delivered into over 80 countries worldwide. Part of an international engineering group with sales in excess of £100 million employing around 1,500 people worldwide. Historically the company sold equipment to a range of practices using its traditional method of outright purchase. In 2010 Premier set up a finance program for their sales team offering monthly payments using email able lease documents to speed up the sales process. Customers responded well to the concept of matching payment to equipment use and sales rapidly increased as a result. Today the company leads with monthly costs and conversion ratios continue to grow.
WEB APPROACH
National Reseller with large sales team using leasing as part of the sales approach wanted to control the individual sales staff finance company choices and improve overall return for the Company. Using Premiers Web Portal the sales staff could input their lease deals and the dealer was able to access Management reports 24/7.