Thyme Fleet Management
Services Provided
Finance Request
Project Overview
Thyme Fleet is a motor vehicle and fleet management company to business. As is typical with this industry, they need ongoing finance capacity.
Industry: Motor Vehicle Rental & Fleet Management
The Challenge
Thyme Fleet had previously used a broker on an ad hoc basis but needed greater funding certainty going forward. Having known Andrew Downs for many years, Glengyle Finance was approached to obtain an appropriate equipment finance facility limit to fund ongoing new vehicles.
The Solution
Glengyle Finance put together a detailed Finance Memorandum and approached a couple of number of banks and non-banks. The result was a strong offer from our preferred bank, that Provided Thyme Fleet with funding for the following 18 months. The facility has now been increased twice since and is achieving exactly what we required.
Testimonial
“One of my business interests required a more extensive, more permanent and lower cost financing arrangement than we have had until now – financing has just been on an ad hoc basis as required. Knowing Craig Phillips had established his new finance advisory business, Glengyle Finance, I asked him to review our options.
He advised us of what our options were, put together an extensive finance memorandum and approached a number of financial institutions. Glengyle Finance managed the entire process right through to completion and now we have the right facility from the right institution to support our growth plans.
I will not hesitate to engage Craig again and highly recommend Glengyle Finance to others seeking expert finance advice and outcomes for their business, no matter what size.”
Andrew Downs, Founder & Director
