Our customer required a finance facility across a wide variety of locations, with lease agreements individual to each country. Whilst having the agreements separate, it was also imperative that all of this data could be viewed as one, both at a financial and asset level.
CHG-MERIDIAN offered the customer an international finance facility, which encompassed every location. Whilst still allowing small amendments to the individual leases, this facility provides an oversight to the whole portfolio alongside smooth transactions for every calendar quarter.
Our customer is able to view the full asset portfolio through our online asset management system, TESMA®, while purchasing new equipment in every location across the globe. Each entity has a contact in the relevant country, allowing quick responses to any new lifecycle requirements.