A long-term client who specialises in demolition was successful in his tender for a major Scunthorpe base project and needed to purchase new equipment to undertake the work.
After the initial conversation, County were able to provide a credit line of £300k, with a 3-month Vat deferral, that would allow the client the freedom to negotiate terms with various suppliers for excavators and heavy-duty shears, safe in the knowledge that funding was in place.
After identifying the equipment needed, invoices were raised, and suppliers paid out within 48 hours.