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Finance Amount

£88k JCB Flexilease

£88,000 facility helps start up to get off the ground

DLS Plant & Tool Hire launched in August 2013. An ambitious start-up, it hopes to turnover £1 million within four years. It specialises in diggers, dumpers and rollers. Operating from its base in St. Helens. As a result of JCB Finance’s support, DLS has invested in a range of equipment including two 8026s, along with 3 and 1.5 tonne diggers and six tonne excavators. The business has already created three job roles and is looking to recruit another three employees over the next two years.

£88,000 facility helps start up to get off the ground £88k JCB Flexilease

To get off the ground you need to invest in machinery ranging between £1,500 and £60,000; you’ve got to have capital in plant hire.

David Sumner, Founder
£88,000 facility helps start up to get off the ground £88k JCB Flexilease

The Challenge...

As a small start-up company, DLS needed financial support in order to build up a fleet of machines. Having approached a number of lenders, JCB Finance was the only one to offer DLS the help they needed.

"As a new small company with no financial history, it was harder to get funding."

David Sumner, Founder
DLS Plant & Tool Hire

We offered the following package

JCB FLEXILEASE

  • - Low capital outlay
  • - No VAT payment due up-front
  • - Low fixed instalments due to the investment value
  • - Profit from the disposal

The JCB Finance Solution...

JCB Finance worked closely with DLS to secure several finance packages including a £44,000 JCB FlexiLease facility. In addition a£44,000 Hire Purchase facility was provided which enables DLS to keep the machinery at the end of the agreement.

 

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