Ongoing finance support for Car Dealership
Posted on 12th December 2022 at 11:55
Sector: Motor Industry
Enquiry: An established car dealership, under new ownership and management, approached us to discuss how best to invest and upgrade both their IT system and workshop equipment.
Solution: We proposed asset finance as the best way forward and were able to source lenders who would happily support the purchase of both assets. We were able to liaise direct with the suppliers which saved the dealership valuable hours. By spreading the cost across hire purchase deals the dealership are able to improve their cashflow as they continue to build their business.
Product: Hire Purchase £23,500
Tagged as: asset finance, Finance, Hire Purchase, IT equipment, machinery
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