A well-established recruitment company based in Birmingham approached MacManus Asset Finance seeking support with acquiring a new Porsche. The business had experienced steady growth and required a vehicle that aligned with its professional image and day-to-day operational needs.
Operating in a competitive Birmingham market, the company placed strong importance on maintaining a credible and polished brand presence. The director was looking for a commercial finance solution that would enable the acquisition without disrupting cash flow.
The Challenge
The primary challenge was structuring asset finance for a high-value vehicle in a way that remained affordable and sustainable for the business. As a growing recruitment company in Birmingham, maintaining liquidity was essential to support ongoing operations and staff costs.
The client had only recently engaged with MacManus Asset Finance, meaning trust needed to be established quickly. Additionally, the funding solution needed to align with the company’s financial profile while ensuring repayments were manageable.
Another key consideration was speed. The client required a swift turnaround to secure the Porsche and put it into use without unnecessary delays. This required efficient access to lenders and a clear understanding of underwriting criteria across multiple finance providers.
The Solution
MacManus Asset Finance leveraged its extensive panel of over 60 lenders to source a tailored asset finance solution for the Birmingham-based recruitment company. After assessing the client’s requirements, a suitable lender was identified that could offer flexible terms aligned with the business’s cash flow.
A structured hire purchase agreement was arranged, allowing the company to spread the cost of the Porsche over an agreed term. This approach ensured the business could retain working capital while still securing the asset it needed.
Throughout the process, close communication was maintained with both the client and lenders. This ensured that the application progressed smoothly and that all requirements were met efficiently. The use of specialist knowledge in vehicle finance and commercial finance enabled a solution that balanced affordability with speed.
The Outcome
The recruitment company in Birmingham successfully secured asset finance for the Porsche with a repayment structure that suited its financial position. The process was completed quickly, allowing the business to take delivery of the vehicle without delay.
The client was particularly pleased with the speed of approval and the ease of the process. The tailored business funding solution ensured minimal impact on monthly expenditure while supporting the company’s professional image and operational needs.
By using asset finance rather than upfront capital, the Birmingham-based business preserved liquidity and maintained flexibility for future growth. The successful outcome also established a strong working relationship, positioning MacManus Asset Finance as a trusted partner for future plant and machinery finance, leasing, or asset refinance requirements.
Ready to Make Asset Finance Work for Your Business?
Partner with MacManus Asset Finance Ltd, an independent broker established in 2005, helping UK SMEs access tailored finance solutions. Our friendly, professional, and consultative team works across all industries and can guide you through hire purchase, leasing, and finance lease options. With access to over 60 finance companies and full FCA authorisation, we ensure your business finds the right solution for growth.
