Additional funding to complement bank's credit limit.

Construction business.

  • £500,000 credit limit set up by Lloyds Asset Finance for vehicle fleet funding
  • We complemented that facility with an independent limit which while slightly more expensive was designed to offer backup for any vehicles which Lloyds did not have an appetite for.
  • Intense expenditure programme for vehicle funding and limit soon reached.
  • We have subsequently helped with just under £250,000 of vehicle funding