All asset finance agreements are subject to credit, but there are plenty of structures that we can use to make that next purchase a reality rather than a dream.
Lower Payments at the Start of the Agreement
Works well if you have a finance payment finishing soon or if you’ve found a vehicle before the start of the season – keeping cashflow and affordability whole.
When you are busy, payments are high, when you are not, payments are lower. All pre-written into your agreement.
Keep your payments lower by paying interest only on a capital lump sum that falls due at the end of the agreement.
Let the funder lend you the money for the Vat until you have reclaimed it from HMRC.
Lump Sum Payments
Build specific lump sums in to your payment schedule during your busier periods, to keep the other payments lower.
Sale and HP Back / Sale and Lease Back
Unlock equity in your coach fleet to get cash in to the business during winter, or following a large repair bill, or even just to get deposits ready for a fleet replacement programme.
These structures are available subject to credit, and subject to asset security.