Case Study
Hire Purchase - Panther Warehousing
Hire Purchase - Panther Warehousing Company profile Founded in 1989 by Wilson Barrett, warehouse and storage firm Panther Warehousing plc has six sites across the UK from which it makes 3,000 deliveries on a daily basis. It offers a bespoke two man white glove next day delivery service; delivering and building items such as beds and wardrobes, and taking the old items away when they leave. The company employs over 200 people and this can double at peak periods. Funding substantial assets Wilson first approached Close Brothers Asset Finance in 2001 when the opportunity arose to deliver for Primark. He needed toinvest in 26 18-tonne trucks to facilitate the contract, at a total cost of £950,000. After looking at the business case and applying his knowledge of the industry, John Fawcett, now