A solid relationship and fast turnaround on providing asset finance facilities means Yorkshire Bank is first choice for continuing to help snack supplier, Mr Scratchings, to grow its fleet of delivery vans and keep its expansion plans firmly on track.

With the most recent funding, the business was able to acquire three new vehicles to replace older models, increasing delivery capacity with seven vans now on the road. The acquisition has also enabled the business to take on two additional full-time employees.

A trusting and longstanding relationship means the company discusses its financial needs at regular meetings, enabling the Bank to provide credit approval ahead of anticipated vehicle acquisitions. As a result, hire purchase deals can be completed in as little as two days.

Mr Scratchings supplies snacks such as crisps, nuts and chocolate to the hospitality industry across the north of England. As well as distributing snack foods, the business also sells its own brand of pork snacks including scratchings, crunch and crackling.

Tim Banks, Owner and Managing Director of Mr Scratchings, said: “We have been with Yorkshire Bank for 15 years and for the last three years have been using their hire purchase facilities to support the ongoing expansion of our delivery fleet.”

Tim added: “We have a relationship based on mutual respect and understanding. We would not think of approaching anyone else regarding our asset finance requirements. We always get a quick, reliable and cost-effective service.”

Relationship Manager Alan Richardson, from Yorkshire Bank’s Customer Banking Centre in Bradford, said: “Mr Scratchings is a well-managed and profitable business and we look forward to continuing to work with Tim and his team as they grow further.”

Alan added: “I regularly discuss Tim’s business plans and following these meetings I ensure that the appropriate facilities are in place to enable him to access the funds when the need arises. Our Asset Finance team are super-fast and Tim has been impressed by this speed of delivery combined with our easy-to-deal-with approach.”

This is a case study and not intended as advice. Lending subject to status & eligibility. With Hire Purchase the ownership of the asset passes to you at the end of the term once all payments and the completion fee is paid.