Simply’s keenness to “tailor a deal” wins Thames Hydroblasting’s business

18-Apr-2019

During the time Simply has worked with Thames Hydroblasting (THB), it has agreed a series of asset finance facilities totalling over £1.2m. This has helped THB fund the purchase of new machinery, which has included a JCB, a road hydro-blasting machine, and an asphalt-machine paver to enable it to branch out into machine-laid asphalt, and distribute larger quantities of tarmac to bigger areas.

Based in south-east London, THB is national leader in a comprehensive range of services including ultra-high-pressure water jetting, asphalt surfacing, road marketing, civil engineering and drainage. It owns and operates a large fleet of construction plant, specialist vehicles, paint sprayers, extrusion and paint applicators.

In its 20-year history, THB has worked on many high-profile projects, including removing tyre marks from London’s roads after BBC’s Top Gear’s Matt LeBlanc raced and performed stunts around the capital’s top sights in a Ford Mustang called the ‘Hoonigan’; laying and then washing away temporary markings for the ‘Race of Champions at the Olympic Stadium; and installing a pedestrian walkway and associated, specially designed signage circumventing the perimeter of Euston train station.

Peter Whitmore, managing director of THB, said: “Richard Stone, Simply’s national sales manager, supported me and my team when we were a fledgling company. We are in a relatively niche industry that often finds it difficult to secure funding but Simply was able to tailor a package that fit our requirements perfectly. In addition to this, the difference in service levels to our previous funder are remarkable – Simply is more open, the set up is more accessible and the information, and ultimately the money, is faster to come through.”

Richard Stone, national sales manager at Simply commented: “I am sure I am not alone in saying that THB’s operating model is based around long-term working relationships, built on trust and understanding. The business employs a customer-centric ethos and continues to reinvest in the latest technology, materials and research. This all makes sure it maintains an unrivalled reputation for quality, safety, delivery and aftercare. It needs a source of funding that will enable it to do this and we are pleased that we were able to meet his needs. We can see that this is a professional, results-driven business that we will to continue to work with into the future.”