Case studies
Construction
Sector
Direct Hoist Ltd
10 years ago, Direct Hoist Ltd, a Construction Hoist Rental business was at a crossroads. They had ground breaking technology, but translating that into market success required capital they didn’t have. They approached Steve Stopher for help with finding finance solutions that suited their niche requirements, such as paying a non-UK supplier in Euro’s and for equipment that didn’t match a large number of lenders criteria. Steve stepped in with tailored financing packages that included sensible terms, affordable rates, and with the difficult to achieve payment to a foreign supplier. This allowed Direct Hoist to accelerate product purchases and growth without diluting equity.
The result? Over the next 10 years West End Asset Finance have supported
Direct Hoist Ltd’s growth, allowing them to become a market leader in their sector, securing a distribution agreement with an Italian Construction Hoist and Mast Climbing manufacturer to become their certified UK Dealer, and treble their workforce.
Manufacturing
Sector
GX Modular Ltd
GX Modular Ltd, with the brand name of Garden Annexes, was looking to purchase another Joinery CNC Machine for their factory to keep up with demand for their product orders. By partnering with West End Asset Finance, they were able to secure a Hire Purchase agreement over 5 years, with a very minimal deposit required. This allowed them to increase production capacity whilst ensuring that the investment did not strain their cash flow.
Agriculture and
Forestry Sector
Oz Group Contracting Ltd
Oz Group Contracting Ltd, a commercial forestry and vegetation management company, sought to expand its operations by working with councils and large forestry firms. To take on specialised contracts, they needed specific equipment, including a Forestry & Arboricultural Telehandler and a compatible saw head.
The Magni RTH 6.30 telehandler was identified as the ideal machine, one of the largest available in the UK and fully calibrated to work with the Westtech saw head. By partnering with West End Asset Finance, Oz Group secured a hire purchase agreement for the telehandler and saw head with a minimal deposit and manageable monthly payments. This allowed them to spread costs over five years, maintaining working capital while upgrading to advanced equipment necessary for safe, sustainable, and competitive operations.
Technology Sector
Hatfield Wick Education Ltd
We were asked to provide finance for Hatfield Wick Education, a company that provides bespoke education support for neurodivergent students and those with social, emotional, and mental health needs. They were looking to purchase IT equipment, including a number of laptops, but didn’t have the capital to purchase the necessary equipment outright. West End Asset Finance’s role was to navigate the best finance options for Hatfield Wick Education, offering clarity and a range of choices which allowed the customer to make an informed decision and make the process smooth and straightforward. The finance product was a Hire Purchase agreement spreading the cost over 36 months, enabling them to scale their operations, take on more students, and focus on growth without worrying about their cash flow.
Transport and Logistics Sector
Neon Street Ltd
West End Asset Finance (West End Leasing Ltd) were approached by Neon Street Ltd, who were looking for Asset finance for four new premium tour vans for their self-drive hire business which caterers for some of the biggest names in the music and entertainment industry touring in the UK and Europe.
The Four vehicles required were bespoke Mercedes-Benz Sprinter vans, coach built as 8 seater splitter tour vans. Our task was to find a lender that would fund these specialist coach built vehicles, with a split delivery schedule, whilst trying to hold the finance rates at a time of unstable rates. We found the right lender for the customer, who were able to support the finance requirements and time scales, with a competitively priced Hire Purchase product, over a sensible period and which enabled ownership at the end of the agreement.