SYSPAL | Lombard

 

 

SYSPAL

A UK metal manufacturer equips for expansion using asset finance

 

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About SYSPAL

A specialist fabricator of bespoke aluminium and stainless steel products for a variety of industries, including food, veterinary, medical, sports and leisure. SYSPAL designs and manufactures conveyor systems, hygiene equipment and hydrotherapy machinery for both the UK and international markets.

 

What did they want to achieve?

The company wanted to invest in new machinery that would enable them to process the sheet metal components used to make many of their products more quickly. They needed a flexible funding solution that would allow them to spread the cost of this large upgrade without interrupting cashflow.

 

How we helped

We provided funding worth £1.25m for plants and machinery that included a fibre laser cutter, an automated sheet metal forming cell, a biomass heating system and two new forklift trucks.

 

Download this case study

"We continue to invest in the latest technology to provide our customers with a fast, first class service and stimulate innovation with our technical and production engineers.

We trusted Lombard because they provided an efficient and competitive service with minimum fuss."

 

Chris Truman
Managing Director, SYSPAL

How SYSPAL benefits

Choosing to purchase new equipment using hire purchase meant that the company could easily finance expansion and development, with no disruption to their day-to-day cash flow.

Strong relationship

Built a long-lasting relationship with us that gives them confidence in financing future purchases.

Full funding

We provided £1.25m for their largest ever capital expenditure programme, spreading the costs over time.

Future investment

Investment allows SYSPAL to build on yearly growth and further develop new export opportunities.

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