A deeper dig to secure a new van

 

Enquiry: An existing customer approached us to help them secure funding for an additional, previously owned, van for their fleet of service vehicles. Sounds simple, right? But ...the used vehicle had quite a high mileage, it was being purchased as a private deal, the van was a non VAT qualifying vehicle and our customer had a limited deposit. Hmm, suddenly not so simple! 

 

Solution: We worked hard to find a funder who could work with all the above and we did! One of our smaller funders took a view on the invoice trail. Yes, they asked for a bit of additional information but that was easily supplied. They were satisfied that the purchase price was a fair value for the vehicle and were willing to offer the deal.  

 

Product: Hire Purchase £6,000