"We’ve been really pleased with the options available with the Technology Leasing Solution, in offering a simple finance solution to our customers."
Lynn Heathcote, Director, rijo42
Lynn Heathcote is sole director of Bolton-based, specialist coffee and vending business, rijo42. With machines in 20,000 UK businesses, including being the vendor of choice for big brands such as BMW, Manchester United and Bannatyne Health Clubs, they have an impressive and fast-growing client base.
As demands and tastes change, rijo42 realised that they needed to replace simple convenience with a need for a more superior vending solution.
Businesses now demand the perfect combination of technology, quality, design and of course, a great cup of coffee to delight their customers at the push of a button. However, these vending solutions can amount to a large outlay for many customers, rijo42 needed to provide a finance solution for their clients
rijo42 joined the LDF Partner Programme using our Technology Leasing Solution and promoted finance as an option to their customers. The benefits of finance are simple, as Lynn explains, “We’ve promoted finance to our customers for many years. Not only does it give them the option to spread what can be a significant outlay into more manageable repayments, especially for businesses investing in multiple machines, it also makes it much simpler for businesses to upgrade their machines.”
And finance isn’t just for smaller businesses, Lynn continued “It’s really a myth that finance is only suitable for small businesses, it can often be a sensible solution for much larger companies in helping to manage cash flow. We certainly see a real mix of businesses opting to spread the cost”,
LDF are proud to have played a part in rijo42’s success. “We’ve been really pleased with the options available as part of the LDF Partner Programme, in offering a simple finance solution to our customers.” Lynn explained,
rijo42 will celebrate their 30th anniversary in business next year, a huge milestone that they are very proud of. With 70 staff, rijo42 plan to grow further, specifically within their sales and account management teams.
They are currently installing around 30 machines a week nationwide, demand is ever increasing and LDF will continue to support them as they continue their journey.
We could not have been happier. Banks as usual were a nightmare - they took over six weeks to eventually refuse for vague reasons unexplained. LDF were professional, helpful, friendly, and best of all, fast.