Ever wondered if you can transfer your scaffolding materials from hire to sale?
Well, you’re not alone. This form of obtaining equipment is becoming increasingly popular, especially within the scaffolding sector. In fact, the most common question that we get asked on the daily is “can I finance the transfer of my hire gear to sale?”. The simple answer to this is, yes! In fact, this is the most common type of transaction that we finance.
As we all know, hiring materials can become very costly, and often you will hire for a lot longer than you originally planned. Having spent thousands of pounds to hire the materials, you then have to hand them back with no assets to show for it. Why do this when you can finance your equipment instead – and most likely for a cheaper monthly cost! Meaning, at the end of your finance term with us, those assets are now within your ownership. This way, you will actually have something to show for all those outgoing payments each month instead of having to hand them back. So, no wonder that our most popular product at Scaffold Finance is transferring our clients’ hire materials to sale.
More often than not, financing your equipment is cheaper than hiring it.
Let’s take a look at a real-life example from an enquiry that we received this week:
Their current plan on hire:
Monthly cost to hire: £2,500 + VAT
Cost to transfer hire materials to sale: £35,917.18 + VAT
Our finance quote:
Amount to be financed: £35,917.18 + VAT
Term: 3 Years
Monthly payment: £1,228.40 + VAT
So, let’s do some quick maths, by simply transferring our clients hire materials to sale, we will be saving them £1,271.60 per month!
Financing is your solution.
We are confident that either leasing or asset finance is your solution. Here at Scaffold Finance, we have a vast amount of experience arranging finance for the transfer of your hire gear to sale. So, instead of using your precious cash flow to purchase your hire gear, leasing your materials, and spreading the cost over 1-5 years, means that you keep your expenses low. Whilst also allowing you to budget more efficiently each month.
If you would like any more information on what we can offer you and your business here at Scaffold Finance, then please don’t hesitate to get in touch with us. Either give us a call on 01494 506 383, or alternatively email us on firstname.lastname@example.org.