A well-established Western Australian business that supplies and maintains a wide variety of rigging equipment and safety testing to engineering and construction industries, recently needed to quickly acquire a wide range of new safety equipment.
This was to fulfil their newly won contract by offering rental of this equipment for 6 months. They had various loans with major banks, but safety equipment can be tricky to fund.
Earlypay was happy to lend on these more unusual assets. A $100,000 Equipment Finance facility was provided to help the business purchase new safety rigging and gear from various suppliers.