Close Leasing has completed a £600,000
(€698,000) sale and leaseback with Sarantel, a manufacturer of
filtering antennas for mobile and wireless devices.
The sale and leaseback was for the
manufacturers fixed assets, and comprised all plant and machinery,
test and computer equipment.
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Sarantel realised net proceeds of
£311,000 on the deal, which is a 36-month finance lease with a
monthly rental of approximately £20,000.
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