Our client, an established farming business, approached Credo with a pressing need to finance a 3U Vision colour sorter. The machine was critical for addressing this year’s significant ergot issues in their grain harvest. Ergot, a fungal disease affecting crops, requires precise sorting technology to ensure the quality and safety of the grain. However, the unique circumstances of the equipment’s condition and the timing of the payment presented challenges in securing funding.
Securing funding was difficult because:
- The machine was not fully assembled.
- Many funders saw this as a higher-risk transaction.
- The equipment required specialised knowledge to understand its value to the farm’s operations.
We visited the client on-site, building trust and gaining a clear understanding of their needs. This personal approach set us apart from other brokers.
After approaching several funders, we identified one willing to take on the perceived risks based on the client’s strong financial history and our involvement.
We worked with the funder to address concerns about the machine’s condition and installation, securing a deal that worked for all parties.
The Outcome:
The client successfully acquired the colour sorter, resolving their ergot issue. They were highly satisfied with our hands-on approach and persistence in finding a solution.
At Credo Capital Finance, we specialise in overcoming challenges to deliver tailored financing solutions. If you have a funding challenge, then please call Credo on 01603 703180 or click here to contact us.
