Financing the Perfect Fit-Out for a Jewellery Store

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:

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