Finance Lease For Hydrotherapy Unit For Dog Hydrotherapy Business

Thank you to Jo Rowland New Business Manager at Lease United Kingdom Limited for working with us on this deal.

This deal for a hydrotherapy unit for dogs has enabled a female-founded business to grow their offering. It was brought to Jo Rowland saw past the tricky asset type, and the potentially complex legacy security, and introduced the business to Asset Advantage. And it was underwritten by Vickey Want who could appreciate that the business owner had a good business, with good projections.

Funding this asset is enabling this woman's business to increase the number of hydrotherapy sessions offered, which will increase her revenue.

£21,000 Finance Lease for Hydrotherapy Unit on a 5 year term.

Jo said: “I sent this deal to Asset Advantage because from my experience of previous dealings they would appreciate that the client had provided a good business plan, with a good understanding of her business. A dog grooming and hydrotherapy business is a different type of industry, but I knew Vickey and Philip would take the time to consider the proposal thoroughly. There was also a potentially tricky issue of a legacy notice on a property from a previous deal, but I was confident that Asset Advantage would get their head around it. They took the time to understand the business in more depth, rather than just doing a balance sheet lend.”

Insight from Vickey Want, Assistant Director of Credit:
"This was an established business run by a qualified veterinary nurse, she was replacing a hydrotherapy pool which is an integral part of her business. The customer was adding new revenue channels and had a part time job in a veterinary practice which allowed her to generate leads. We felt this was a critical asset for an established business."