top of page

IT Expenditure - Software

  • Jun 22
  • 1 min read

A long standing manufacturing client knew he could finance laptops and tablets but when we asked about other plans, he mentioned a new ERP software system that was costing over £130,000. The benefits of the system were huge, but funding from cashflow was a challenge.


 

Much to the customer surprise, we obtained a 3 year Asset finance facility for the expenditure. He couldn’t believe it at first, but explained that we have specialist lenders on our panel who understand the importance of software expenditure and how business critical it is.

 

The system created efficiencies that allowed him to potentially double in turnover but not move business premises. It allowed his current staff to focus on other parts of the business and streamline all aspects of the operation, from automatically ordering parts, to arranging delivery once the product was manufactured.

Comments

Commenting on this post isn't available anymore. Contact the site owner for more info.

Get in touch

Request a call back

Central Finance recognise and respect the privacy and data protection rights of individuals with regards to personal data. We may use your personal data to provide you with services you request from us, or to manage your accounts, make decisions, detect and prevent fraud, fulfil any contractual relationship with you, undertake analysis and assessment, ensure that we comply with legal and regulatory requirements and/or for other purposes where in our legitimate interests. For further details as to how Central Finance uses personal data, please refer to our Privacy Policy.

bottom of page