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Valued customer continues business with Close Brothers on new start up

CASE STUDY
10 May 2019

Find out how we further strengthened an existing relationship with a long-standing customer, by providing a tailor-made finance solution


  • Name:  Hunter Concrete Products Ltd – T/A 24/7 Concrete & Aggregates
  • Business requirement: Volumetric cubic cement mixers
  • Product solution: Hire Purchase


The customer

Hunter Concrete Products Ltd – T/A 24/7 Concrete & Aggregates specialises in the production of concrete and precast products. Based in West Yorkshire, it has a number of mobile volumetric vehicles and supplies concrete direct to site and projects across the North of England.


The challenge

Over the years, Christine Barber, Managing Director already had a long-standing relationship with Close Brothers Asset Finance. They were her first point of call for new start up business, 24/7 Concrete & Aggregates, for their experience of the assets and the industry to assist with the purchase of the equipment.


Through a shared knowledge of the industry, Christine met with and discussed any open opportunities within the customer portfolio of Close Brothers with Chris Prior, Area Sales Manager, Close Brothers Asset Finance.


The solution

Chris found the best finance solution for the business would be a Hire Purchase product, allowing the purchase of the required volumetric cubic cement mixers. Plus, to ensure a quick release of funds, Chris worked closely with the supplying dealer on timescales and looked at repeat business options for the supplier.


The outcome

With the new assets in situ, new contracts were won, helping with the growth of the business. This combined with reduced business expenditure, has allowed for better customer care with a wider range of products to keep up with demand.


Christine Barber commented: “We are now in a good place to grow the business as planned and pass on cost savings to our customers. With already having an established relationship with Close Brothers Asset Finance, they were the obvious choice when looking at available finance options for our requirements.”


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Valued customer continues business with Close Brothers on new start up