January Deal Round Up
Here at Scaffold Finance, we don’t just finance your Scaffolding materials, we can finance just about anything you might need for your Scaffolding business. From scaffolding boards to vehicles, we’ve got your finances covered. For our January deal round up, we will be honing in on the vehicle funding side of our business.
Deal 1
Refinance deal of 2 trucks. The customer needed to raise capital to enable them to buy scaffolding materials from a scaffolding contractor who is closing their business. After discussions with our client, we suggested that refinancing their trucks would be the most cost-effective option for them. Enabling them to release equity in the trucks, while retaining the use of them as well as now being able to buy the scaffolding materials.
Refinance Hire Purchase agreement
Assets: DAF XF Truck and Mercedes Econic Truck
Capital Cost: £30,000 + VAT
Deposit: VAT only
Amount to be financed: £30,000
Term: 5 Years
Monthly Payment: £694.03
Deal 2
Hire Purchase agreement
Asset: Mercedes Econic 2630 26t Dropside
Capital Cost: £39,000 + VAT
Deposit: 10% + All VAT
Amount to be financed: £35,100
Term: 4 Years
Monthly Payment: £899.76
Deal 3
Hire Purchase agreement
Asset: Mercedes Econic 2630 26t Dropside
Capital Cost: £34,950 + VAT
Deposit: All VAT
Amount to be financed: £34,950
Term: 4 Years
Monthly Payment: £891.61
Deal 4
Hire Purchase agreement
Asset: Mercedes Arocs 4×2 Tractor Unit with Crane
Capital Cost: £64,500 + VAT
Deposit: 10% + All VAT
Amount to be financed: £58,050
Term: 5 Years
Monthly Payment: £1,238.62
Contact Us
If you’re in the scaffolding business, then you know that having good quality vehicles is vital to operating efficiently. But if you’re like most businesses, buying new vehicles outright isn’t always possible or practical. Leasing vehicles for your business can be a great solution to improve your cash flow without breaking the bank. Here at Scaffold Finance, we offer expert advice and industry leading rates on vehicle leasing.
So why wait? Get in touch today and see how we can help free up your cash flow!
We can finance just about anything for your construction business, ease your cash flow today with asset finance. Give us a call on 01494 506 383, or drop an email to hello@scaffoldfinance.co.uk
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