Behind the Deal: Yard of formwork, $350K, deposit secured
The option expired Friday. The plant yard sat dormant either way. A commercial property developer needed $350K to lock in the deposit on the next site, with a yard of formwork, scaffolding and modular sheds between projects. ABL released the equity from the plant, lodged it with Lloyds for the loan term, and the developer […]
Behind the Deal: DPN landed. $280K needed urgently
A Director Penalty Notice landed. 21 days on the clock. The director needed capital to respond, fast. The business owned construction equipment on active jobs. That equipment became the answer. ABL secured it, released $280K, the director paid the debt in full, and the equipment kept working the whole time. The Asset Construction equipment fleet […]