Building a City With Bonitots

Posted On: 3 October 2019 Industry: Business

Finance Need: Bonitots, an established home-based childcare centre, were set to expand into a 56-place nursery and kids party venue where little ones can let their imagination run wild whilst experiencing real life situations in their very own miniature city. To support this growth, they needed funding for the play equipment and sensory stimulating toys.

 

The Situation: The nursery recognizes the importance of early years second language immersion and therefore speak exclusively in Spanish to the children who are consequently all bilingual. There are no other Spanish immersion nurseries in South East London which sets them apart. Together with offering, in amongst other unique features, locally sourced organic home cooked meals and piano lessons for all children, the business plan was a recipe for success. There is great demand for a place at this facility with their innovative approach combining elements from worldwide leading educational systems.

 

What Arkle Did: Arkle worked with the broker to understand what the customer needed to enable them to grow their business. The broker supplied an in-depth information pack together with detailed specification of the equipment required. Arkle felt very comfortable with the proposal as a result of the unique offering of the education facility coupled with the many years of experience shared between the Director and longstanding team. All of the above parameters were underpinned by a positive set of accounts and a realistic financial forecast.

 

The Finance Solution: The agreement was secured against a Director’s Guarantee supported by strong financial reports in respect of both the business and Director’s personal financial status. The rationale of the project was underpinned by invoices from a reputable national supplier.

Like what you see? Contact us!
Fill in the form below and a member of our team will be in touch with you as soon as possible.

Get in touch

We'll never rent, sell or share your email address

What we do with your data

All quote enquiries are held in the strictest confidence. We’re bound by the Data Protection Act 1998 – and as such take great care in ensuring all data you enter is secure. We do not pass your information on to third parties, except in cases where we have your express consent or where it is required to manage your asset finance arrangement. If you’re not sure about all the information, you can contact us online, or call us on 01933 304899.

Related Blog Posts

Driverless Cars: How Could Businesses Be Affected?

Manufacturers have been ploughing money and research into driverless cars for years now, with BMW testing driverless systems as early as 2005.

Catering Equipment

What business equipment can you lease?

Retail Asset Finance

In December last year, Amazon announced the debut of its new bricks and mortar store, Amazon Go.