In June 2024, we were approached by a client seeking financing for a high-value acquisition of luxury bespoke chairs. These chairs, valued at over £100,000, were sourced from the Isle of Wight and were set to be used in wedding venues across the UK. The client needed a tailored financial solution to enhance their venues’ appeal and attract more customers.
Financing soft assets, like custom furnishings, can be a challenge for many finance companies. Unlike traditional hard assets, such as vehicles or machinery, soft assets like these chairs are often undervalued in finance terms due to their unique nature and lack of resale predictability. However, at Blue Sky Finance Ltd, we specialise in bespoke asset financing, which means we are open to exploring unique and creative financial solutions.
After understanding the value these luxury chairs would bring to our client's venues, we developed a custom financing plan that addressed their specific needs. We focused not only on the cost of the chairs but also on the overall business benefit- how the furnishings would elevate the client’s wedding venue appeal and drive future bookings.
By providing a bespoke financing solution, we enabled the client to enhance the aesthetic appeal of their venues, resulting in increased customer interest and bookings. This project demonstrated our commitment to personalised service and flexible financing options, even for soft assets, setting us apart from traditional finance providers.
At Blue Sky Finance Ltd, we take pride in delivering tailored financial solutions for unique projects. Whether it's luxury furnishings or other bespoke assets, we have the expertise to support our clients' business goals.
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Contact our team today to learn how we can help finance your next project.