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| ALBION
FORKLIFT TRUCKS FINANCES £130k DEAL FOR IMPORT
SERVICES THROUGH FIRST CAPITAL FINANCE |
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Christchurch
based Albion Forklift Trucks has supplied a new fleet
of forklift trucks to third-party logistics company, Import
Services, with finance organised through Bournemouth based
asset finance broker, First Capital Finance. Purchased
with a capital investment of £130,000, the new Still
vehicles comprise of four man-up order pickers, four power
pallet trucks and a three-wheeler electric counterbalance
truck.
The largest ever order placed with Albion Forklift Trucks,
the trucks have been purchased for Import Services new
facility 100,000 sq. ft warehousing and logistics facility
in Hedge End, which was acquired following a fire at the
company’s headquarters in Tower Lane, Portsmouth.
The new site provides the company with a 50% increase
in pallet racking which necessitated the purchase of the
new industrial equipment.
“We
recommended First Capital Finance to Import Services as
they have a reputation for providing a first rate service”,
says Alan Clark, Managing Director of Albion Forklift
Trucks. “The funding of the trucks was organised
by First Capital Finance in a matter of days.”
“Working with First
Capital Finance has simplified our future financial planning”,
said Richard Ainscow, Financial Director at Import Services.
“First Capital Finance was less protracted to use
than the bank and provided us with competitive rates,
flexible repayment periods as well as one local point
of contact”.
Date: February 2005 |
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