The case
EcoService Europe specializes in the transport, trade and processing of organic fertilizers throughout the Netherlands. The company also transports biomass within Europe.
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The challenge
During the last few years, EcoService has been investing heavily and has grown through takeovers. Nielen decided to lease in order to bring the costs of equipment down and keep things simple. Nielen: “We felt it keenly when things were going badly with the economy. It generated a lot of uncertainty, also because of the changing policy of the government.” EcoService uses a variety of equipment, such as tanker trucks and trailers and manure injectors, which regularly need to be replaced.
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Our solution
EcoService Europe has found a reliable partner in Amstel Lease. “An earlier contact with a financier broke down because they were not on our wavelength. The financial scope that this provided therefore remained very limited.”
In consultation with Amstel Lease, Nielen decided on a refinancing scheme with low interest and a covered interest risk, low repayment obligations and sufficient working capital. The application procedure was quickly arranged. By obtaining 100% finance for the equipment, this also means that EcoService Europe has funds available for it to respond quickly to developments in the market and government.
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