Elite Precast Concrete offers finance deal to clients
IN an initiative that is thought to be the first of its kind in the construction sector, Telford-based Elite Precast Concrete has teamed up with a financial broker to launch a new easy-payment finance package for clients.
The firm – a winner in the Innovator category in this year’s TheBusinessDesk.com West Midlands Business Masters awards – has joined forces with Kata Crushing & Recycling Finance, a financial specialist for the recycling sector, to put together a package for clients intending to buy its range of ‘V’ and ‘Lego’ interlocking blocks.
The package will enable companies to spread the cost of buying precast concrete blocks over a range of timescales, easing cash flow for firms, as well as giving them the opportunity to fund larger scale initiatives.
Owen Batham, Elite’s sales and marketing director, said: “The difficulties that many businesses experience raising finance have been well publicised and previously, financing the ‘infrastructure element’ of a new project or business has been impossible.
“However, with the support of Kata Crushing & Recycling Finance, we have been able to put together a carefully tailored range of options at very competitive rates.”
Robert Brown, of Leicestershire-based Kata Crushing & Recycling Finance, said: “This is a fantastic way for businesses to access the funding they need, and we are sure it will have a hugely positive impact on the industry.”
Founded in 2008 by a team with more than 40 years’ industry experience, Elite Precast Concrete Limited is the UK market leader in manufacturing and supplying interlocking and ‘V’ interlocking precast concrete blocks.
