a more INTELLIGENT approach to equipment finance

The Customer:

Top global breakfast food and snack manufacturer.

The Challenge:

A global breakfast food and snack manufacturer were confronted with the need to replace their fleet of forklifts in multiple packaging and distribution facilities across the US. They decided to investigate Automated Guided Vehicles (AGVs) and how upgrading their fleet of forklifts could help improve productivity in their operations. Procurement and finance needed much more convincing to be willing to advance this $15 million spend on this state of the art AGV infrastructure.

The Solution:

After looking into various options, we came across Somerset who we soon appointed to help find the right solution. They instantly seemed to understand our business and really wanted to help us find the best option for us. They structured a 5 year operating lease to include the progress payments, installation and service, which were the main elements of purchase that caused concern.

This structure allowed the customer to retain capital, reduce expenses and efficiently manage the 12 months build and installation process.

Going beyond finance:

For over 30 years, Somerset Capital Group has provided customised, equipment finance solutions globally to leading businesses. We use our extensive industry knowledge to develop tailored finance options that are right for you.

  • Read More
    Can this ROV services company acquire revenue producing equipment without straining cash resources?
  • Read More
    Can this US-based support center lease IT assets for their operations in Asia through a US lender?
  • Read More
    Can this global news organisation shift from analog to digital in the middle of the financial crisis?
  • Read More
    Can an IT company develop a cost effective way to stay on the cutting edge of technology?
  • Read More
    Can this R&D company get equipment in-service 6 months before budgeted funds become available?
  • Read More
    Can this surgery department acquire the newest technology despite resistant attitudes of administrators?
  • Read More
    Can this manufacturer upgrade to automated guided vehicles while preserving capital?
  • Read More
    Can this aviation services company get more ROI out of the end of lease assets?
  • Read More
    Can an energy services company finance equipment while maintaining mid-term flexibility?

Across a wide variety of industries, equipment classes, brands and across the globe...

Energy & Power

Healthcare & Pharma

Higher Education

Metals Manufacturing

Automotive Manufacturing

Technology

Food & Beverage Manufacturing

Wholesale & Distribution

WANT TO GO BEYOND FINANCE?

Our team is ready to help you take a different, more intelligent approach to your equipment finance   

CONTACT US NOW