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Financing the Perfect Fit-Out for a Jewellery Store

Need to fund a shop fit-out? See how a UK jewellery store financed their store refurbishment project. A Nexgen Business Finance case study.

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Client Profile

Our client, an ambitious jewellery retailer, sought to establish a new store that would reflect their brand’s elegance and quality. They required a full fit-out to transform their vision into reality.

The Challenge

The client faced several challenges in securing the necessary funds for their store fit-out:

  • Speed: The client could not be closed for too long so needed the finance to be ready to drawdown quickly.
  • Cash Flow Management: To maintain healthy cash flow, the client required staged payments throughout the project duration.
  • Competitive Rates: Finding a financing solution at a market-leading rate was crucial to ensure affordability over the term.

Our Solution

Understanding the client’s specific needs, we structured a tailored finance lease to cover the entire £95,000 project cost. Our approach included the following key features:

  • Finance Lease on a 5-Year Term: We arranged a finance lease spanning five years, providing the client with the flexibility and time to manage repayments effectively.
  • Staged Payments: To align with the project’s cash flow requirements, we set up staged payments, ensuring funds were available as needed, easing financial pressure and facilitating smooth project progression.
  • Market Leading Rate: We secured a market-leading rate for the finance lease, ensuring the client benefited from affordable repayments, maximizing their investment potential.

Results

Our tailored financing solution enabled a smooth and timely project completion, delivering:

0£

Funded for the full fit-out.

Staged

Payments for cash flow ease.

0 Years

Lease term for affordability.

The client now operates a modern, elegant jewellery store with the potential for significant business growth, thanks to a seamlessly executed fit-out project.

Client Testimonial

“NexGen Business Finance delivered a financing solution that perfectly matched our needs. The staged payments and competitive rate allowed us to create our dream store without stress.”

– Owner, Jewellery Store

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Nexgen Business Finance Limited is an independent finance brokerage not a lender, as such we can introduce you to a wide range of finance providers depending on your requirements and circumstances. We are not independent financial advisors and so are unable to provide you with independent financial advice. Nexgen Business Finance Limited will receive payment(s) in the form of commission from the finance provider if you decide to enter into an agreement with them. We work with both discretionary and non-discretionary commission models. Commission payments are factored into the interest rate you pay. Nexgen Business Finance Limited is an Appointed Representative of AFS Compliance Limited which is Authorised and Regulated by the Financial Conduct Authority FRN: 625035 Nexgen Business Finance Limited aims to provide our customers with the highest standards of service. If our service fails to meet your requirements and you would like to report a complaint; please click on the link below

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