Debt funding secured for pre-revenue Cambridge tech firm

Primary Asset Finance were approached by the Finance Director of a pre-revenue tech company based in Cambridge to raise debt finance to enable them to purchase a new piece of specialist equipment which would help the company achieve more accurate results when measuring outputs from their day to day operations.
Through our extensive panel of specialist lenders, the Primary Asset Finance Team were able to secured funding in excess of £100,000 by way of a Hire purchase facility repayable over 60 months at competitive rates with no personal guarantees being provided by the Directors.