Indoor obstacle course requires start-up funds
Term: 5 years
Feature: secured equipment finance with payout prior to delivery
The directors of a new-start company required equipment to set up an indoor obstacle course. They had found a supplier but struggled to find a lender who would pay the deposit that they required upfront.
Accredo could see great potential in their business plan and the fact that they could secure the finance with a charge on the directors' residential address meant that they were able to offer the new-start company the full amount required.