From time to time, customers prefer to pay suppliers directly and then look to re-finance the products later. This type of scenario can arise if the customer is purchasing products from multiple suppliers who may be delivering at different stages of a particular project or when goods are coming from overseas. This way the customer retains control over the settlement of each invoice.

GC has two separate facilities, which can meet such needs. The first method of re-financing is known as Sale & Leaseback. This is where goods and services previously acquired for cash by the customer can be sold back to GC. Certain legislative restrictions apply which need to be addressed prior to entering into such an arrangement.

The second option is known as an Agency Purchase agreement. The main difference to Sale & Leaseback is that GC appoints the customer in advance to act as its agent and purchase the product and services as if they were paying cash. This expenditure is then reimbursed once the customer enters into a Lease or Purchase agreement.

If you would like further information, please send an e-mail or call us directly on 020 8255 5505.