The challenge

Driven by a commitment to remarketing and a vision for a circular economy, the partner aimed to integrate sustainability into their business model. They sought a financing solution that would support their goals while fostering healthy rental sales for both new and second-hand equipment. Turning to BNP Paribas Leasing Solutions, they explored a rental offer with an appealing buyback option. 

The solution

Collaboratively, we devised a financing solution enabling our partner to procure trucks directly from manufacturers and offer them on a rental basis to customers. The rental package encompasses rental, insurance, and maintenance, ensuring comprehensive coverage and budget certainty for customers.  

“Collaborating with BNP Paribas Leasing Solutions means we can now meet our financial obligations while providing customers with the equipment they need, when they need it, and at a monthly cost that suits their requirements.”

Business manager at the partner company

The benefits

  • Integration with our LeaseON platform helped to streamline the financing process for our partner, enhancing the customer experience. 
  • The rental product provided improved financial liquidity, optimising our partner’s business operations. 
  • By entrusting non-core activities like credit management to BNP Paribas Leasing Solutions, our partner can concentrate on core business functions. 

The challenge

In line with their sustainability objectives, the client decided to install a solar PV system, aiming to reduce reliance on the grid and promote renewable energy. The project’s scale and the urgency for timely material and asset procurement posed significant challenges. Balancing the need to protect cash flow during the construction phase while making payments at key project milestones presented a critical client requirement.

The solution

To address these challenges, BNP Paribas Leasing Solutions proposed a ‘staged payment’ financing solution. This innovative approach involved making incremental payments to the solution provider at crucial project milestones. This ensured timely material procurement, allowing work to proceed seamlessly and the quality of the installed equipment remained uncompromised. Furthermore, by spreading repayments across a five-year term aligned with the client’s revenue cycle, cash flow was safeguarded. 

“The BNP Paribas Leasing Solutions team worked in collaboration with us to secure and agree a staged payment process that suited our exact needs, and which enabled this significant project to progress in a timely and cost-efficient way.”

Business manager at the company

The benefits

  • Timely payments aligned with key project milestones enabled the solution provider to secure critical materials, expediting project initiation and ensuring the project remained on track.
  • The flexibility of staged payments eliminated budget constraints, allowing the client to invest in top-tier solar technology for optimal energy generation.
  • Over the next 25 years, the installed system is projected to reduce the client’s carbon footprint by an impressive 4,723 T/CO2, illustrating the tangible environmental benefits of renewable energy adoption.