Our Finance Broker - Chris Philpott, recently completed a business loan deal worth £50,000 for a specialised waste management company. The company works with domestic and trade customers by supplying them with skip hire, waste sorting storage, recycling aggregates and also other recycling solutions.
The client required 10 skips at a purchase price of £56,350 + VAT (£11,270). Chris was able to work alongside Aldermore Bank from our comprehensive 80+ lending panel to provide a personalised finance package for his client. The agreement consisted of a £16,905 deposit with further monthly payments of £1,699.55 spread over 36 months, equalling a total cost of £50,715.
Chris was also able to provide quick and efficient service with the deal being completed within 72 hours, from the initial proposal from the client to the pay-out.
Do you feel your business could benefit from Equipment Finance? With Equipment Finance (otherwise known as Asset Finance) you can preserve valuable working capital by purchasing equipment, machinery or vehicles with affordable monthly repayments. Equipment Finance can take on various forms including Hire Purchase, Leasing or Refinance. This type of product also allows for the offset of costs against profits, which is an effective tax relief strategy for any business.
If you feel that your business could benefit from Equipment Finance and you would like to discuss your options, then please do not hesitate to contact Chris on 01908 429888, email Chris@approved-finance.co.uk or click on the link to download our finance guide PDF for more information: https://lnkd.in/ePHAgzn9
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