Regional Growth Fund - Assisted Asset Purchase Scheme

Are you aware that your business can get funding to help you purchase used process machinery?

HSBC Bank Plc (HSBC) is participating in the Government's Regional Growth Fund (RGF), a £2.4 billion fund which will operate across England until 2015. HSBC will receive £25 million from the fund to support businesses which have a turnover of up to €50 million and that are recruiting new employees or are safeguarding existing jobs as well as purchasing new fixed assets, which includes your process machinery.

Could you benefit from the RGF Assisted Asset Purchase Scheme?  

YES: 

• If you are an existing HSBC customer and you are wanting to purchase an asset but lack a sufficient deposit, and
• If you are creating additional employment or you will retain jobs that could have otherwise been lost within 12 months.

About the RGF and the Assisted Asset Purchase Scheme

The RGF supports projects and programmes that lever private sector investment creating economic growth and sustainable employment.

The Assisted Asset Purchase Scheme has been created to enable qualifying businesses the chance to obtain funding towards the purchase of assets where they would not ordinarily be eligible due to the lack of sufficient stake.

RGF monies take the form of a grant. The asset purchase scheme will be funded using a suitable HSBC Equipment Finance product and the rate of interest can be fixed or variable.

You choose the supplier of the asset and negotiate as if you were a cash buyer, with all the associated financial advantages without buying the asset outright.

How to find out more.

To discuss how your company could benefit from Regional Growth Funding and discuss your options, please contact your HSBC Manager or call 0845 607 6007. Further details on the RGF can be read on the HSBC website.

Used Process Equipment can save you up to 70% compared with the cost of new equipment.

You can search the Perry Process Equipment used process equipment inventory online or call our office +44 (0)1325 315111 to discuss your equipment requirements. 

In-House Services from Perry Process Equipment

Perry Process Equipment Ltd has the in-house expertise to fully refurbish any unit from our stock. All refurbishment work is completed by our own Engineering Specialist Team, at our Newton Aycliffe facility which makes the turnaround time minimal. 

With a team of qualified, time served engineers, we can offer a range of in-house services for all purchased equipment, including:

• Test run to establish electrical and mechanical integrity, hydraulic and vacuum testing, spark testing
• Shot blasting, cleaning, painting
• Third party inspections by authorised organisation
• Full mechanical strip down and refurbishing to manufacturing standards including warranty where appropriate
• Delivery, export packing and worldwide shipping with conformity to Incoterms

This year, we have refurbished and sold a 1,500L stainless steel ribbon blender to Sticky Baits, UK. The unit was inspected before refurbishment began.
                 
The unit was stripped down and shot blasted in our purpose built facility. Following this, the unit was primed with a zinc-phosphate primer, as per the customer’s request. Our Engineering Team replaced all lubricants required and checked the integrity of all mechanical parts.

The completed unit ready for shipment.

Once completed, the unit was reassembled and a new frame was constructed. A full test run was carried out whilst witnessed by the customer. Sticky Baits, UK statement:

“The Ribbon blender was refurbished to an exceptionally high standard and was barely recognisable from the blender that we first viewed. Exceptional service and work from start to finish, Thanks!”

To view the wide range of Mixers we have in stock, please click here.

We have also recently refurbished and sold a 2,500L glass lined Reactor to one of our customers. This unit was cleaned, tested and painted before it was delivered to our customer. 

To view the wide range of Reactors we have in stock, please click here.

For further information on the sales services that we offer, click here.

Give More This Christmas... Because Every Moment Counts

“A diagnosis of a life limiting illness changes everything – moves all the parameters in your life and the lives of those around you”, Butterwick Hospice Care.

Text “PERY81 £2” to 70070 to donate £2 straight to Butterwick Hospice! (UK & Ireland only) 

You can also donate to Butterwick Hospice via our Just Giving page! (Worldwide)

The staff of Perry Process Equipment Ltd are raising money this Christmas for Butterwick Hospice on Friday 13^th December 2013. Each and every day, Butterwick Hospice help people living with a life limiting illness, relieving symptoms, enriching patient's lives and supporting them and their loved ones.

Butterwick Hospice aim to improve the quality of life for those who have a life limiting illness and their families and to help them relate positively to every challenge they may encounter during their illness and to see death as part of life’s journey.

Butterwick Hospice cares for up to 200 patients and their loved ones every day. All of their services are provided completely free of charge, as they rely on donations to continue to care for patients. Butterwick Hospice serves a diverse area, supporting people and their families in Teesside, County Durham, North Yorkshire and Wearside. General fundraising is a constant activity for Butterwick Hospice, as they receive a much smaller percentage of legacies in comparison to other hospices nationally as they serve less affluent areas. Historically they have relied heavily on their communities for support.

Butterwick’s Children’s Hospice, Butterwick House, is a happy, child friendly and homely environment where children can play and relax. Experienced sick children’s nurses and nursery nurses can take over the families caring responsibilities. The specialised facilities help to enrich children’s lives and at the end of the child’s life families feel they are among friends who will support them.

Facts & Figures

• Butterwick Hospice employs 250 staff and over 500 volunteers
• 70% of their staff are doctors and nurses
• It is a 24 hour, 7 day week, 52 weeks a year, fully operating Hospice
• One day of care for an adult costs £460
• One day of care for a child costs £800
• Day care services in Stockton cost £335,000 per year
• Their total costs across three Hospices per year = £3,800,000
• This equates to a cost of £7.23 per minute

Where Does The Butterwick Hospice Funding Come From?

• 30% of the cost of their adult services comes from negotiated NHS contracts
• 20% of their overall costs come from their trading activities – Lottery & Shops and their new social enterprise Seven Wellbeing Centre Limited
• The remainder comes from fundraising activities

Perry Process Equipment Ltd are raising money this Christmas for Butterwick Hospice by way of a Christmas themed fundraising day; including a raffle, Christmas jumper competition and lots more fun activities. Lots of local companies have kindly donated prizes for our raffle, so we hope to sell lots of tickets for the event. If you would like to donate a raffle prize please contact us.

Text “PERY81 £2” to 70070 to donate £2 straight to Butterwick Hospice! (UK & Ireland only) 

Alternatively, you can donate straight to our PerryProcess Equipment’s Christmas Fundraiser page on the JustGiving site. The funds raised will go straight to Butterwick Hospice. Donating through JustGiving is simple, fast and totally secure. Once you donate, they’ll send your money directly to the charity. So it’s the most efficient way to donate – saving time and cutting costs for the charity.

Thank you for reading our article. We will keep you posted with our fundraising efforts and let you know how much we managed to raise on 13^th December 2013.