a more INTELLIGENT approach to equipment finance

The Customer:

An independent ROV services company specialising in drill support, construction, IRM, survey and pipe/cable lay support and asset decommissioning.

The Challenge:

Strong year on year growth meant increased demand on the company’s cash resources with lending institutions requiring large deposits against new asset acquisitions.

Going beyond finance:

The Somerset team was able to work with the company in providing facilities that not only provided 100% long term financing, but also catered for the short term stage payments required by the equipment vendor during the 6 month build period. The facility allowed the company to stay on its growth path, reducing up-front cash burdens and leaving payments until the assets were ready to be operationally deployed and income generating.

  • 100% financing

  • ROV services company

  • Short term progress payments arranged for vendor

  • Reduced up-front cash burdens

  • Aligned payments to revenues

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Across a wide variety of industries, equipment classes, brands and across the globe...

Energy & Power

Healthcare & Pharma

Higher Education

Metals Manufacturing

Automotive Manufacturing


Food & Beverage Manufacturing

Wholesale & Distribution


Our team is ready to help you take a different, more intelligent approach to your equipment finance