Precision engineering firm accelerates investment strategy
Precision engineering firm DARL Engineering has secured a £58,500 asset finance facility to accelerate its investment in new machinery.
The Coventry-based family-run firm specialise in precision engineering solutions to the automotive and industrial sectors. With a workforce of highly skilled and experienced engineers, DARL is equipped to manufacture high quality products in its 2,500 sq ft factory space, housing eight CNC machines.
DARL turned to Time Finance to finance the acquisition of a specialised machine capable of manufacturing replacement engines for the iconic Porsche RSR that would help them to fulfil new contracts.
Kim Lynam, director at DARL Engineering, said: “We are grateful to Time Finance for their support. This asset finance facility has empowered us to invest in the necessary machinery to take on this new and exciting contract. Investing in our business only further exemplifies our commitment to precision engineering and innovation so that we can continue providing exceptional outcomes for our clients.”
Matt Graham, head of vendor Sales at Time Finance, said: “The precision engineering industry requires companies to constantly upgrade their capabilities to meet evolving demands. We are proud to support DARL Engineering in their pursuit of excellence. Our asset finance facility will not only enable them to deliver on their new contract but also strengthen their position as a trusted engineer in the industry.”