Finance to help remodel the business
Posted on 22nd March 2023 at 13:38
Sector: Transport
Enquiry: An existing customer approached us as they were looking to remodel their business. Part of the proposition involved selling a current vehicle to purchase a newer one that is more suitable for their needs.
Solution: We structured a hire purchase deal that settled the existing hire purchase arrangement and lent additional funds to facilitate the purchase. The new deal also includes the opportunity to make a majority lump sum payment after 6 months which is attractive to our customer.
This has allowed hime to fulfil his customer requirements for the new contracts, with a newer and more reliable vehicle.
Product: Hire Purchase £36,000
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