Industrial bakery Capital Croissant has completed a £1.525 million asset finance arrangement to fund European-manufactured machinery, using a phased drawdown structure aligned with equipment delivery schedules.

The London-based wholesale Viennoiserie manufacturer worked with business recovery and finance specialist Leonard Curtis to arrange the facility with Lombard Asset Finance. The transaction was completed within a fortnight, accommodating the technical requirements of staggered payments matched to machinery production and shipping timelines from continental suppliers.

Capital Croissant produces ready-to-bake products without additives for the wholesale market. The company required capital to acquire processing equipment as part of its capacity expansion programme.

The finance structure addressed two operational constraints: the company's early-stage trading history and the need to synchronise funding releases with equipment delivery from European manufacturers. Rather than a single advance, the facility allows drawdowns coordinated with supply milestones.

According to Francois Bonnefoy, Managing Director at Capital Croissant, timing proved critical.

"We required a flexible funding solution that could support staged drawdowns for equipment arriving in phases and completed quickly in order to match supplier timelines,"

Richard Bruton, Business Development Manager at Leonard Curtis, identified the core challenge as matching finance availability to the realities of industrial equipment procurement.

"Capital Croissant came to us at a pivotal moment - poised for investment but needing funding structured in a way that matched its unique cash-flow and equipment supply timescales,"

The arrangement demonstrates how asset finance providers are adapting terms for manufacturing businesses purchasing machinery from overseas suppliers, where production lead times and shipping schedules create cash flow planning requirements distinct from domestic equipment purchases.

Leonard Curtis connected with Capital Croissant through the company's accountant, following an introduction by Tanaka Makawa, Business Development Manager at Lifecycle.

For industrial bakers evaluating equipment investment, the transaction illustrates the availability of finance structures that can accommodate European machinery procurement timelines, particularly relevant given the specialist nature of continental bakery equipment suppliers.