From Funding in 41 Minutes to a Long-Term Relationship! Area Welding & BEAR Business Finance
"APR 6.4% lower than a competitor's quote"
This success story exemplifies our efficiency and speed while demonstrating how our strong relationships with our panel of lenders enabled us to
secure a solution with an impressive APR 6.4% lower than a competitor's quote.
Company Sector: Engineering & welding
Loan Amount: £250,000 Consolidation & £24,000 Short-Term
Loan Purpose: Support for major project & consolidation
Area Welding is a well-established, family-run engineering service company based in Cheshire, founded in 2010. What started as a local welding business has grown into a comprehensive engineering operation offering everything from small-scale welding repairs to major infrastructure projects like wind turbine installations.
The company's reputation is built on excellence and versatility. Their team consists entirely of multi-skilled, fully qualified coded welders who work to the latest ISO accreditations and CE certifications. This commitment to quality has earned them contracts with prestigious clients including Rolls Royce, Weber Saint Gobain, and Henkel, while also maintaining strong community ties through projects like engineering custom gates for local parks. They also manufacture signs for one of England's largest signage companies.
Over their growth journey, Area Welding have faced financing challenges that traditional lending couldn’t effectively meet.
Initial challenge
Back at the start of 2024, the business needed rapid access to £24,000 to support during a critical period on a major company project. Traditional banks couldn't provide the speed and service required.
Initial solution - fast Short-Term Loan - paid within 41 minutes
We secured a £24,000 short-term loan that was transferred to Area Welding's account within just 41 minutes of enquiry. This unprecedented speed exceeded their expectations and ensured uninterrupted business operations.
Recent challenge
As the business matured and expanded, Area Welding found themselves managing multiple financial commitments with varying terms and interest rates. They needed a solution that would:
- Save money with a simple solution
- Consolidate their existing debts into one single, manageable payment
- Reduce their overall interest rates and reduce monthly repayments
- Provide stability to focus on business growth rather than financial admin
The Results
The transformation delivered benefits that went beyond new equipment and facilities:
- Cash-flow preservation – business maintained essential working capital for ongoing operations
- Complete venue upgrade – modern training zones, cutting-edge fitness equipment, luxurious changing rooms, energy-efficient lighting
- New on-site stylish café – extra benefits for members
- Member satisfaction – enhanced comfort and professional environment
- Long-term asset investment – value addition to the business
- Market differentiation – cutting-edge facilities positioned the gym ahead of competition
- Operational reserves maintained – cash-flow preserved
We delivered a financing solution that achieved immediate facility excellence while maintaining financial stability and creating lasting business value.
Ready to explore how Asset Finance could drive the growth of your hospitality business? Contact BEAR Business Finance today.
Bespoke
Our approach is bespoke, our dedicated Finance specialists take the time to understand the challenges and goals of your Business.
Efficient
Our enhanced approval success is achieved through relationship strength and precision matching with our panel of lenders.
Accurate
Accurate in our analysis of our clients financial positioning, business modelling and market placement to ensure they are presented to the right lenders for the most successful and suitable result.
Relentless
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