£47,000 Finance Lease For Canning Line For New-Start Brewery

This New-Start Brewery had a director who was very experienced in the industry. He had already set up numerous venues and distribution supply lines, with a list of orders ready to fulfil in the next two months. He had sourced most of the necessary equipment second-hand, however he needed finance for a new entry-level canning line. This asset can be tricky to fund, and especially for a new-start business, but BrewStar Capital knew that Asset Advantage would take the time to consider this deal.

£47,000 Finance Lease for a Canning Line, on a 5 Year term.

Doris Clarkson, Business Manager at Brewstar Capital said: “Because this deal was for a new start customer it could be tricker to place, we know AA offer funding to new starts and the customer profile looked like a perfect fit for Asset Advantage''

Insight from Vickey Want, Assistant Director of Credit:
“Although this was for a new-start business, there was a good business plan from an experienced director.”