Hire purchase agreement helps powered access firm expand fleet

They offer powered access hire to a range of professionals and amongst their fleet available for hire are boom lifts, scissor lifts and spider lifts.

A growing hire fleet

Close Brothers Asset Finance have built a strong relationship with the team at EAP, helping with several agreements since the business was formed in 2021. After these initial successful agreements, the business wanted to further expand by purchasing several new Snorkel powered access machines.

The team at EAP approached Simon Knox, Regional Sales Manager at Close Brothers Asset Finance. Simon is highly experienced in the powered access industry, he worked closely with the business to understand their specific needs and requirements.

Offering a suitable agreement

Simon was able to help EAP purchase the new Snorkel equipment through a Hire Purchase Agreement. By using Hire Purchase, the business was able to acquire the equipment whilst paying in instalments over time, allowing them to spread the cost of the investment.

A good result

With the help of an agreement provided by Close Brothers Asset Finance, EAP has been able to acquire the new Snorkel equipment in a timely manner. The new equipment is now available to be hired out to customers.

Simon commented: “It has been a pleasure to work with the team at Essential Access Platforms on several finance agreements. With the help we have been able to provide, the business has grown further and I look forward to working with them again in the future.”

“The whole team at Close Brothers Asset Finance has been great to deal with. Simon worked closely with us to understand our agreement requirements and put together a deal that has increased our cashflow and the size of our fleet. We would certainly look to work with Close Brothers Asset Finance again in the future.” Christian Lang, Essential Access Platforms