Kennet Equipment Leasing – part of the STAR Asset Finance Group, facilitated the acquisition of four Randex Compact Lift automated storage systems for a business seeking to modernise its factory equipment. With a strong rapport already established between the business and Randex, Kennet acted as the financing intermediary, utilising its expertise to streamline the procurement process efficiently. This not only ensured a seamless transaction but also underscored Kennet’s commitment to providing tailored financial solutions that meet the unique needs of its clients.
The payment structure, consisting of staged payments – 30% upon order, 60% upon shipment, and 10% upon installation – provided the business with flexibility and financial control throughout the acquisition process.
As the systems were successfully integrated into the factory operations, the company expressed its satisfaction with both the product and the financing arrangement, highlighting Kennet’s pivotal role in facilitating the transition to advanced storage solutions. This partnership not only optimised storage space but also positioned the business for enhanced efficiency and productivity.
If your business needs to replace outdated machines or equipment, then please get in touch to see how our tailored finance solutions can help your business achieve its goals.
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