The details
Client:
Health food business, NSW
Equipment leased:
2 x Skope Double Glass Door Commerical Fridge, 1 x Skope Double Glass Door Commerical Freezer
Lease Term:
60 months
Overview
A rapidly expanding health food business in New South Wales required high-quality refrigeration solutions to maintain the freshness of its ingredients and products.
Opting for Skope fridges and freezers, known for their energy efficiency and reliability, the business prioritised these units for their commercial kitchen.
To manage costs effectively, they sought a flexible leasing solution that would allow them to avoid the financial strain of an upfront purchase while preserving their working capital for other critical business operations.
The Challenge
Acquiring commercial-grade refrigeration is often a significant capital investment for small businesses, particularly in the health food sector where equipment needs to meet high standards of freshness and reliability.
Facing a high initial cost, the business required a financing solution that would spread out expenses over time, maintaining cash flow without affecting daily operations or constraining their liquidity.
The Solution
To meet these needs, the business engaged a broker, who facilitated a leasing arrangement with grenke. This lease allowed the business to obtain the equipment without the burden of upfront costs, structuring the payments over a 60-month term.
Broker Involvement
This deal marked the broker’s first partnership with grenke. By leveraging the Brokerpro platform, both the broker and client had full transparency of the application process, from initial submission to settlement. The broker was equipped with the necessary insights to guide the client through the lease’s technical aspects, ensuring a smooth and informed process.
The Results
- Optimised Cash Flow: With expenses spread over five years, the business preserved cash flow, enabling it to reinvest in other growth areas.
- Quality Equipment: Skope’s reliable and energy-efficient refrigeration units helped maintain product quality and reduce operational costs.
- Informed Decision-Making: Broker transparency throughout the leasing process facilitated trust and provided clear insights for the client, setting the foundation for future financing solutions.
Conclusion
This case illustrates how a tailored leasing solution can enable small businesses to access essential equipment while maintaining financial flexibility. grenke’s collaboration with the broker provided the client with an affordable path to quality equipment, ensuring that business growth did not come at the expense of liquidity or operational stability. This successful partnership underscores the value of customised finance options in supporting business expansion without the constraints of significant upfront costs.