Can InterBay Asset Finance approve and pay out large Refinance deals (and help with multiple location asset inspections)?
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Case study
Published: 27 Sep 2021
Making ourselves ‘easy to deal with’ while providing speed of service
Customer challenge:
- A large A1 credit business, needing to Refinance 12 vehicles
- Needed a quick approval and pay-out, with 12 asset inspections in seven different UK locations
How we helped:
- We provided a speedy approval for £2million within 48 hours from receiving all information
- We helped facilitate some of the asset inspections, and got some agreed via video for remote locations
- Plus, we paid out within hours of receiving the last asset inspection and paperwork!
Background:
The customer is a large PLC needing a Refinance facility to aid a business acquisition.
Our fast and slick service enabled the customer to receive the funds quickly, and the deal paid out ahead of the brokers impending visit to the customer!
