The Challenges
The client needed two new trucks urgently, but a few financial and delivery hurdles risked slowing things down.
Needed Two Trucks, Fast
A major new contract was kicking off, and the client urgently needed to expand their fleet. Two trucks were required to meet the transport and logistics demands of the job. But timing was tight, and delays weren’t an option.
Big Upfront Cost
With both trucks totalling over £140,000 + VAT, buying them outright would have significantly impacted the company’s working capital. The client needed a solution that preserved cash while still securing the vehicles.
Staggered Delivery Issue
One truck was ready for immediate delivery, while the other was four weeks from completion. That meant payment needed to be split. The client needed a broker who could structure the deal to match the delivery schedule.
The Problems
The business needed to finance two new trucks, but staggered delivery and high upfront cost made it hard to move quickly. They needed a lender and broker who could be flexible and fast.
Start Date
Trucks were required to meet the start date of a new commercial contract.
Combined Cost
The combined cost of both trucks exceeded £140,000 plus VAT.
Supplier Delivery
The supplier was delivering the trucks four weeks apart.
Disruption Risk
Any delay in finance risked disruption to scheduled site operations.
Solutions
Scaffold Finance structured a fast, flexible Hire Purchase agreement that aligned perfectly with the client's delivery schedule and protected their working capital. With staggered truck availability and a large capital requirement, the deal needed to be both responsive and practical and that's exactly what we delivered.
Hire Purchase Agreement
We arranged a Hire Purchase facility totalling £142,000 + VAT, over 36 months at £4,484.42/month. This allowed the client to spread the cost and gain full ownership of both vehicles at the end of the term, turning a short-term need into a long-term asset.
VAT-Only Deposit
To reduce upfront pressure, we structured the deal with a VAT-only deposit. This kept significant capital in the business while still meeting lender and supplier requirements, giving the client financial breathing room during a busy growth period.
Approved in 2 Hours
The deal was approved and invoice requested from the supplier within two hours of application. That same-day turnaround ensured there were no hold-ups with vehicle registration or delivery planning.
Split-Payment Flexibility
One truck was ready while the second was four weeks out, so the lender released funds in two stages. One at delivery, one on build completion. This kept things moving without early payment or delays.
Result
The client received two brand-new trucks with minimal disruption to cash flow and no delays to their operations. The finance allowed them to press ahead with key contract work, expand their fleet capacity, and avoid tying up over £140k in upfront costs. All while benefiting from fixed monthly payments and full ownership at the end of the term.
Scaffold Finance made it simple from start to finish. We had two trucks arriving at different times. They sorted the finance without any issues. Quick and professional, exactly what we needed.
Future Plans
This result has allowed the company to pursue significant future goals.