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JCB FLEXILEASE GIVES CONTRACTING BUSINESS A BOOST

ASSETS FUNDED

JCB Fastrac 4220

Boston based contract planting company, UK Planter Solutions, are leading the way in using revolutionary technology to increase planting times as well as saving on labour. Established in 2020, the business has gone from strength to strength, director Helen Michalak explains.

Publish date: 19/01/2024 15:15:54

The system that we use for mainly salad & vegetable planting, PlantTape, is an automated transplanting system. It is pretty unique, and we are the sole suppliers of it in the UK. It saves on labour and very forward thinking. We can plant up to 1 million plants a day with 2 operators as opposed to traditional systems which normally achieve approximately 60,000 plants per day.

Helen Michalak, Director

The Challenge...

Due to increased demands, UK Planter Solutions needed a new JCB Fastrac to assist in the operation of their transplanting system. They were introduced to JCB Finance by their local dealer, G and J Peck Ltd, and chose a JCB FlexiLease facility to acquire the new JCB 4220 Fastrac for their business.

“We have an old JCB Fastrac which was our first major purchase but within the next year, we needed something better. My partner has worked with every type of tractor but has always liked the JCB Fastrac.” - Helen Michalak, Director

UK Planter Solutions

Helen Michalak, Director

It is important that lenders understand the industry and that they are open to listen to different approaches. Some lenders aren’t open to other ways, new ways of doing things but JCB Finance are.

Using the JCB FlexiLease meant they had a lower capital outlay of advance rentals rather than a sizable deposit and VAT is payable as each rental falls due and not all up front, making it easier on cashflow. Also, on a JCB FlexiLease the rental payments are kept low due to an ‘Investment Value’ at the end of these lease which is stood by JCB Finance and not paid by the customer.
The Solution...

“It just seems a better option to traditional finance. We feel it’s better for our needs."