Finance products
As a leading independent and experienced service provider, backed by Close Brothers Group plc, we have the ability to create innovative commercial vehicle finance arrangements to support your business.
As a leading independent and experienced service provider, backed by Close Brothers Group plc, we have the ability to create innovative commercial vehicle finance arrangements to support your business.
Our products are an efficient way of running a fleet of vehicles. Rather than tying capital up in depreciating vehicles, the company is able to invest in other areas of the business. Vehicle leases do not have to be shown on a balance sheet, which will improve a company's liquidity ratio, gearing and return on assets.
Our products and packages give companies flexibility to respond to changing market conditions. Our agreements are typically between 12 and 60 months long (72 month and 84 month also available) which allows the fleet to respond to changes to staffing requirements more efficiently than through alternative funding methods.
Some or all of the rental charge can be offset against taxable profits.
We purchase 100s of vehicles each year. We are experts in negotiating substantial discounts with vehicle manufacturers and we pass these savings on to our customers in the form of a competitive business contract hire rate.