Case study
The business need
- A major UK-based retailer with stores throughout the country required ease of access to the regions for store openings and to monitor their aggressive growth strategy.
- The company’s senior executive team travelled regularly to regional areas not serviced by main or central airports.
- Airline schedules and connections resulted in lost time and productivity of senior executive team.
- The client analysed their own plane and realised it would reduce costs and lost time.
Lloyds TSB’s solution
- We acquired a corporate jet for the customer through a structured finance arrangement.
- Although unfamiliar financial and asset territory for this customer, we delivered the solution rapidly and exceeded their expectations.
- Our internal team of lawyers, equipment managers and taxation advisers were able to provide a complete financial and asset management solution that delighted our client.
