Equipment purchase – overseas supplier

 

 

Local SME customers were seeking to obtain finance to purchase an equipment from overseas supplier. The application was sitting with their current lender for four months and there was not response from the lender.

How team at JKK Solution helped our client

We were referred to them by their accountant. After understand the timing of the funding need, we manage to approve an equipment finance facility with a major lender within 48 hours and was able to provide funding to customer to make purchase from overseas supplier within one week.

The customer is very happy as the machine has significantly improved the efficiency and provide the, with the ability to create different sample accordingly to different customer needs. It had widen up their product range and improved their customer experience. Sales have since doubled and client is talking to us about their 2nd acquisition.