Blog

Launching our new ‘App’

Posted by on Nov 29, 2013 in News | 0 comments

Six for the price of one!

multi ipadStoke Park Finance Limited is well known for its personal touch. We understand the need to tailor make funding to meet each client’s specific needs. We don’t believe in “one size fits all” or fancy gadgets that provide generic solutions when each case is individual.

If you are in need of funding and prefer to have someone to speak to, please contact us and we would be delighted to offer you competitive rates and terms.

As a family business, and in true ‘app’ style, we never close!

Alternative to Bank Overdraft

Posted by on Nov 7, 2013 in News | 0 comments

We have recently completed a transaction combining Asset Finance and Invoice Finance to meet the customer’s business requirements.

A manufacturing business was seeking to raise additional working capital and rid itself of their bank overdraft. The machinery that the business had was unencumbered and we were able to secure a new Invoice Finance facility with an increased limit, to keep day to day cashflow manageable.

Alongside that, we were able to arrange a finance loan on the unencumbered plant. This allowed the Customer to pay off their overdraft and have more than enough funds available to operate, going forward, on a cash positive basis.

As the same Lender provided both the Invoice Finance and the Asset Finance, the security arrangements for the Invoice Discounting line, and the Loan facility were straight forward, and the process was smooth for the customer.

A big thank you

Posted by on Oct 9, 2013 in News | 0 comments

A sincere thank you to everyone who supported us on our stand at the NEC Coach & Bus Live Exhibition last week.

We enjoyed seeing so many friends, old and new, and we were encouraged by business activity and the ongoing passion for the bus and coach industry.

The Route One Awards dinner was great fun, and it was a privilege to witness Prentice Coaches win Small Coach Operator of the Year for the second year in a row. And also Paul Marshall, of Marshalls of Sutton On Trent, win Coach Engineer of the Year. Both are extremely worthy winners and tremendous ambassadors for the important place that the family business has in the bus and coach industry.

As we enter the final quarter of the year, we would remind customers that Stoke Park Finance Limited have a wide panel of funders and are able to offer seasonal payments, Vat deferrals and the ability to unlock equity in your vehicles by way of sale and hire purchase back / refinance facilities.

Please do give us a call on 0141 639 1410 and we would be pleased to discuss.

Lines of Credit

Posted by on Jul 17, 2013 in Uncategorized | 0 comments

At this time of year with tours, end of school work, and the season in full flow, there is just not enough time to arrange the next coach purchase.

At Stoke Park Finance Limited we can set up lines of credit for customers. These are valid for up to 90 days and give you time to look for a vehicle at your leisure knowing that funds are in place whenever you need them.

The additional benefit of this is that when you do find a coach, you are ready to move without having to organise finance, which can offer bargaining power with the seller.

Do get in touch if this service would be of benefit.

Funding Telephone & IT Systems, CCTV Surveillance & Garage Equipment

Posted by on May 16, 2013 in News | 0 comments

Stoke Park Finance Limited is well known in the finance market for financing assets such as buses, coaches, engineering equipment and classic cars.

We recently had discussions with our funding panel, who have expressed a keen interest in also funding soft assets such as telephone & IT systems,  office equipment, security systems and garage equipment.

In the asset finance market these can be more difficult to finance, and with the banks having ever more stringent credit policies, this opportunity should be welcomed by our customers.

Whatever you wish to finance, please contact us and we would be delighted to offer you competitive rates and terms.

Euro Bus Expo 2012

Posted by on Nov 9, 2012 in News | 0 comments

May we take this opportunity to thank all of the visitors who came to see us on the stand at Euro Bus Expo earlier this week, for making the exhibition successful and most importantly very enjoyable.

We would also like to apologise if you came to the stand but did not manage to speak with us. We are aware at times the stand was extremely busy, and so we apologise if we missed you when you passed.

Should you have any questions following the show or indeed should you have placed any orders for vehicles and require finance, we would be delighted to hear from you.

 

Departure of ING Lease

Posted by on Nov 2, 2012 in Uncategorized | 0 comments

There is a lot of discussion in the market at the moment as a result of ING’s recent announcement that they will leave the UK asset finance market at the end of November.

 

The purpose of this communication is two fold. Firstly, Stoke Park Finance Limited would like to thank ING for their support over the last ten years. Their team have consistently delivered excellent service and on a personal level, we will miss the people we have worked with there, and wish each of them well for the future.

 

Secondly, we would like to reassure our customers that since 2008, Stoke Park Finance Limited has continued to recruit as many quality funders as possible to ensure that our customers continue to receive a seamless service – whatever the changes in the finance world.

 

As a result, and due to the large volumes of business we place, we have one of the largest panels of lenders in the market. Whilst ING are leaving, we have many other top tier funders who have already agreed to step up their support of Stoke Park customers.

 

So, it’s very much business as usual, and we look forward to speaking with you soon.

Euro Bus Expo 2012

Posted by on Nov 1, 2012 in Uncategorized | 0 comments

Interest rate support!

Posted by on Sep 27, 2012 in Uncategorized | 0 comments

Refinance

Posted by on Sep 13, 2012 in Uncategorized | 0 comments

Have you ever considered unlocking your money?

GET CASH IN YOUR BANK IN 7 DAYS!

With autumn already upon us, now is the time to consider your winter cashflow requirements.  Banks are continuing to pull back overdraft facilities and customers are extending payment terms so the outlook can be a daunting one.  Stoke Park Finance hear only too often the concerns, and we see the stress this issue creates, but there is a solution!

We can help you release equity from within your fleet to satisfy your cash flow needs.

The process is straight forward and normally completed within 7 working days.  If you feel that it would be beneficial to talk through your specific scenario, please do not hesitate to give us a call on 0141 639 1410.