Investing in business growth.
Premier Waste Management’s director needed funding to help him achieve a successful bid for a States of Jersey tender, but couldn’t secure finance with his bank.
Future Finance supported the client from day one, funding multiple assets and freeing up company capital for a start up. The company was successful and has built a solid reputation. Finance is no longer needed, which is the aim for all clients.
Premier Waste Management approached Future Finance as a new client. They were considering tendering for a States of Jersey contract, but the local banks had declined to consider the proposal.
Future Finance worked with the company owner during the tender process to review the business strategy and plan for the impact on his business if the tender was successful. The team established that a mix of commercial vehicles would be required if they won the contract, with individual assets ranging from £10k to £75k and a total facility in excess of £250k.
Future spent time ensuring the facility was fit for purpose, affordable and reflected the contract. It was great to see Mr Diaz win the contract and do very well - so much so that his contract was renewed and Premier Waste Management continues to work with the States of Jersey and Future Finance.
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