A Northamptonshire-based agricultural company needed a seamless way to fund a new palletising machine from the Netherlands. With staged payments and high overseas finance rates making things harder, they turned to Moorgate Finance for a solution that didn’t disrupt their cash flow.
The Highlights
✅ £150,000 agricultural loan funded upfront before the first staged payment
✅ Better pricing than competitor asset finance offers
✅ Avoided cashflow strain during four-stage payment schedule
✅ Enabled the customer to order the machine straight away, avoiding a three-month delay
✅ Flexible four-year agricultural loan tailored to the business and the supplier’s terms
The Challenge
The agricultural business was investing in a £180,000 palletising machine to support their growing animal food and bedding operation. With a 20% deposit already committed, they required £150,000 in funding to cover the remaining staged payments, spread across four milestones.
However, every finance option they had explored came with a major obstacle: lenders were only willing to release funds once the machine had arrived in the UK. This meant the customer would need to front the staged payments themselves, significantly reducing their cash reserves and creating operational risks.
Additionally, because the supplier was based overseas, the business was being offered inflated rates through asset finance providers. The combination of high pricing, restricted funding structures and the risk of cash flow depletion left them unable to move forward without a better, more flexible solution.
The Solution
Moorgate Finance arranged a £150,000 agricultural loan spread over four years, with the key advantage of receiving the funds upfront. This allowed the customer to comfortably meet each stage of the supplier’s payments schedule without dipping into vital working capital.
By structuring the deal as an agricultural loan rather than traditional asset finance, we were also able to beat the pricing they’d been offered elsewhere, despite the involvement of a foreign supplier. This funding approach removed the previous barriers and gave the customer the ability to place their order immediately instead of waiting several months to accumulate reserves.
The result was a smoother purchasing process, stronger cash flow stability and the confidence to invest now rather than later.
Give us a call on 01908 92 62 62 or head to www.moorgatefinance.com/apply-now to start the conversation.