Precast concrete firm kick-starts unique finance deal
09 August 2012 - 14:00
Elite Precast Concrete team up with Kata Crushing & Recycling to offer bespoke finance package
A SHROPSHIRE precast concrete company has teamed up with a renowned financial broker to launch a new finance package, said to be the first of its kind in the industry.
Telford-based Elite Precast Concrete have joined forces with Kata Crushing & Recycling Finance, financial specialists for the recycling sector, to put together a dedicated deal that will allow clients to buy Elite’s range of ‘V’ and ‘Lego’ interlocking blocks using competitively priced finance.
The bespoke package will allow companies to spread the cost of buying precast concrete blocks over a range of timescales, easing cash flow for firms, as well as giving them the opportunity to fund larger-scale initiatives.
‘The difficulties that many businesses experience raising finance have been well publicised and previously, financing the ‘infrastructure element’ of a new project or business has been impossible. However, with the support of Kata Crushing & Recycling Finance, we been able to put together a carefully tailored range of options at very competitive rates,’ explained Owen Batham (pictured), sales and marketing director of Elite Precast Concrete.
Robert Brown of Leicestershire-based Kata Crushing & Recycling Finance commented: ‘We are delighted to work with Elite Precast Concrete on such a forward-thinking initiative. From our experience, we know how frustrating it can be for firms to secure competitive funding to assist with exciting expansion and growth plans. This is a fantastic way for businesses to access the funding they need, and we are sure it will have a hugely positive impact on the industry.’