Time Finance has supported DARL Engineering with a £58,500 asset finance facility to accelerate its investment in new machinery.
The firm specialises in precision engineering solutions to the automotive and industrial sectors.
The lender funded the acquisition of a specialised machine capable of manufacturing replacement engines for the Porsche RSR.
Matt Graham (pictured), head of vendor sales at Time Finance, said: “The precision engineering industry requires companies to constantly upgrade their capabilities to meet evolving demands.
“We are proud to support DARL Engineering in their pursuit of excellence.
“Our asset finance facility will not only enable them to deliver on their new contract but also strengthen their position as a trusted engineer in the industry.”
Kim Lynam, director at DARL Engineering, said: “We are grateful to Time Finance for their support.
“This asset finance facility has empowered us to invest in the necessary machinery to take on this new and exciting contract.
“Investing in our business only further exemplifies our commitment to precision engineering and innovation so that we can continue providing exceptional outcomes for our clients.”
Time Finance specialises in the provision of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans, including asset finance, invoice finance, business loans, and its recently established asset-based lending solution.
