The transaction was completed efficiently, with the vehicle paid for well in advance of the contract start date. Our streamlined process and close communication ensured all deadlines were met without issue. As a result, the client was fully prepared to commence the new council contract on schedule. The client was extremely satisfied with the speed, reliability, and overall service delivered
We were instructed to arrange funding for a new 34-seater coach, enabling the business to meet the requirements of the council contract. This investment would allow the operator to expand its fleet capacity while continuing to deliver safe and efficient passenger transport services. Understanding the time-sensitive nature of the request, we prioritised speed and flexibility. Our aim was to provide a funding solution that aligned with both operational and financial needs.
An advance of £28,000 was secured, following a £28,000 deposit, with the added benefit of a three-month VAT deferral to support cash flow. This structured asset finance solution provided the client with greater financial flexibility during the initial stages of the contract. By leveraging our extensive lender network, we were able to secure competitive terms quickly. The funding ensured the vehicle could be purchased without impacting working capital.
Longer term = lower payments
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