New start soft play centre needing to lease equipment


Term: 5 years
Amount: £200,000
Feature: secured equipment leasing

Having worked for a number of years in a children's soft play centre, our customer's decided that they wanted to set up their own facility.

After putting their ideas together they settled on a plan, found a premises that could be rented on a 10 year lease situated in a convenient local business park, with no premium and now it was just a matter of how to afford the latest equipment, marketing material, property preparation etc.

Having talked through the business plans, anticipated cash-flow projections and shown their accountant the potential premises, his suggestion was that the £200,000 required could be leased on a fully amortising basis over a term of five years.

Clearly, this would be a challenge for any conventional lessor to lease such soft assets to a new enterprise. However, Accredo were happy to assist and the director's partner was happy for them to offer their residential property as additional security for the advance by putting a second charge in place.


Whilst the whole business planning process from start to finish did take nearly a year, Accredo managed to play our part, offer a facility and have it drawn-down within 4 weeks of the initial request.

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Our short term facilities have a transparent payment profile of anything from 3 - 18 months allowing your clients to free up cash flow to run their business.

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Our longer term facilities are available for periods of 5 to 10 years.

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Purchasing equipment outright often requires a significant investment. Accredo provides secured equipment leasing options for most asset types including second hand equipment as well as leases for intangible assets such as software.

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We provide secured business loans from £25,000 to £1,500,000 specialising in solutions for new-starts, difficult credits and established companies. We lend against residential, commercial, mixed-use and buy-to-let property. 

We aim to give decisions in under three working hours. Our repayment terms are from 3 months to 10 years. And we offer fixed repayments or flexible terms such as seasonal payments, deferred payments and interest-only.

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