Case Studies - Armada Asset Finance | Equipment Leasing | Equipment Finance
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Case Studies

In three years - all done & dusted

In three years - all done & dusted

A commercial cleaning company in the London area approached Armada via their accountant. They had recently purchased a competitor, who was retiring and the purchase had used up their resources.

Alan and Carole’s need was for an additional Peugeot Partner van, floor cleaners and buffers and more desking for their offices.

The cost of the equipment was £78K but the accountant was not expecting Armada to fund the complete package. However, when we looked at the performance of Alan’s company and the amount of equity in their home we were happy to finance the whole transaction.

Fortunately they had no other borrowings so servicing the 3 year Armada deal appears to be very comfortable and sensible. They wanted to repay the borrowing as quickly as possible.

Country-wide service

Country-wide service

Having been an agricultural contractor for many years, Malcolm was very aware of the health and safety issues surrounding farm machinery, and insisted his staff keep the very expensive machines spotless at all times.

So often his farmer customers commented that they wished their machinery was in the same condition that eventually Malcolm decided to set up a farm machinery cleaning division.

By taking up equipment finance contracts with Armada for industrial vacuuming machines and pressure/steam cleaning equipment, Malcolm was able to keep his existing finance relationships intact for the purchase of his farm machinery.

A cleaner approach to finance

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Copyright Armada Asset Finance 2017. Armada Asset Finance is a trading name of Armada Investments Ltd.

Registered office: Armada House, Oldhams Wharf, Topsham, Devon, EX3 0PB. Registered in England & Wales no. 1140855

Authorised and Regulated by The Financial Conduct Authority

Website by AB

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Copyright Armada Asset Finance 2017. Armada Asset Finance is a trading name of Armada Investments Ltd.

Registered office: Armada House, Oldhams Wharf, Topsham, Devon, EX3 0PB. Registered in England & Wales no. 1140855

Authorised and Regulated by The Financial Conduct Authority

Website by AB