This Yorkshire-based manufacturer of specialist gluten and dairy-free food products was producing over 20 million meals a year for major supermarkets and food outlets and was in demand to produce more of their product.
With the new factory set up and running, and with the brand growing, orders from leading supermarket chains continued to increase. The production line was struggling to keep up with the demand, with the company having to turn away new orders, stopping the business from growing further.
The company recognized that to increase its production volume, it would need to invest in specialist machinery including an additional packaging and production line – a significant capital investment. With immediate cash reserves allocated to other areas of the business, the company needed an alternative method of funding its new equipment.
Packaging Automation referred them to Reality Finance, our trusted finance partner, who was able to put together a monthly payment solution, enabling the company to spread the cost of its investment over a 5-year period.
The purchase was an Eclipse SL4 Atmospheric Heat-Sealing Machine installation as well as spare parts, accessories, and delivery, all supplied by Packaging Automation.
This new equipment was delivered and installed within weeks of the initial order, meaning the manufacturer could increase their production and meet the demands of their suppliers.
Jason Turner, specialist Account Manager at Reality Finance arranged the finance on behalf of the company: “This customer needed to increase production quickly and we were keen to support them with getting the required kit into place. With the Packaging Automation supplied machine and our support with the funding, they were able to double their production line immediately”.
Packaging Automation commented: “The support from the team at Reality Finance who worked on this deal was excellent. They were very efficient and managed to find the best solution to the funding requirement promptly keeping us and the customer informed throughout the whole process.”