With over 30 years experience, the Williams family has a proud history of providing high quality food to local customers in the Tameside area of Manchester. Having worked alongside his father for many years, Andrew Williams had a vision to take the business forward and expand into new markets. Having identified a niche in the market, Andrew knew that investment in additional manufacturing equipment was required if the company was to capitalise on the opportunity.
The Courier Post network is an established, experienced same day courier company, providing a comprehensive, dedicated service which meets customers’ needs effectively.
Having established contracts with international blue chip and local customers the Directors recognised the need to upgrade some of the aging vehicle fleet to ensure a reliable and effective service to clients. They also recognised that he could reduce their monthly costs by replacing some of the rental vehicles with vans funded via asset finance.
Releasing cash to replace Invoice Finance
When an existing customer of ours approached us about releasing the equity in their equipment through Asset Refinance to pay off their invoice finance facility we were delighted to be able to help.
Drainage Inspection Business
When the Director’s identified equity that could be released from the business’s assets, other lenders were unwilling to assist. But Genesis’ flexibility enabled the business to acquire the funding it needed.
A Midlands Manufacturer
A long established company manufacturing specialist engineering components since 1946 was due to be acquired by new owners. As part of that transaction the new owners wanted to raise money against the existing assets of the business, including the manufacturing plant & machinery to fund the acquistion and approached Genesis Asset Finance for their expertise in this type of ‘leveraged buyout’.
Bank Referral Scheme
At Genesis we’re proud to to be a part of the Bank Referral Scheme, working alongside the leading online platforms to enable businesses turned down by their banks to access the funding they need.
When an electrical contracting business in the South East was turned down by their bank for funding they were offered the option of a referral to an online platform that would match them with a suitable alternative funder.