Bus funding line completed

The Problem

When a long standing bus operator placed an order for several new buses, funding was sought to fund the vehicles in batches. It required working with the supplier to ensure multiple payments were made to meet the delivery schedule critical to the contracts the vehicles were to be deployed on.

The Solution

Funding was secured using a panel of funders to ensure that the best rates were available across the purchase without having to compromise due to the volume of funding required. The supplier was communicated with directly to ensure that payments were made in time to facilitate delivery on schedule and the vehicles were out on the road working their routes the following day.