Chat with us, powered by LiveChat

Finance Relationships

Coolvan Refrigerated Vans > Finance Relationships

As a fully licenced credit broker CoolVan is able to put together a finance package to suit you. CoolVan has nurtured relationships with some of the largest financial businesses in the UK and currently has a portfolio of over 20 finance companies actively looking for new business whether that is:

  • Hire Purchase
  • Finance Lease
  • Contract Hire

We have our own in-house Business Manager who is able to recommend the right financial product to suit your particular requirements and situation.

We will guide you through the process of applying for the finance in the first place, completing all the paperwork and, finally, getting the paperwork to the finance company.

 

Hire Purchase Features

Period 12-60 months
Deposit 10% all VAT (minimum)
Rate Type Fixed
Tax Benefits Written Down Allowances & all Interest Charges.
Balance Sheet On Balance Sheet.
VAT All VAT is paid up front on Comercial Vehicles
Residual Value Customers Risk

Hire Purchase Benefits

Cash Flow Allows use of the asset with minimal capital outlay
Another Credit Line Leaves other credit lines free for other business use
Low cost start Enhances cash flow
Fixed Interest Rate Easy budgeting, no surprises
Ownership of Asset Option to keep asset at the end
No VAT on payment All VAT is paid up-front on Commercial Vehicles
Buy now pay later Use today’s low rates to purchase asset
Balloons Available A built-in balloon lowers monthly payments (subject to underwriting)
Tax Capital & Revenue allowances offset against profits
Balance Sheet On balance sheet can strengthen asset base

Finance Lease Features

Period 12-60 months
Deposit 3 in advance
Rate Type Fixed
Tax Benefits Rentals are generally wholly allowable as a business expense against taxable profits.
Balance Sheet On Balance Sheet.
VAT VAT is claimed back on monthly rentals
Residual Value Customers Risk

Finance Lease Benefits

Cash Flow Allows use of the asset with minimal capital outlay
Another Credit Line Leaves other credit lines free for other business use
Low cost start Enhances cash flow
Fixed Interest Rate
Easy budgeting, no surprises
Ownership of Asset Non ownership product
No VAT on payment Recoverable by VAT registered customers
Buy now pay later Use today’s low rates to purchase asset
Balloons Available A built-in balloon lowers monthly payments (subject to underwriting)
Tax Rentals offset against taxable profits
Balance Sheet On balance sheet can strengthen asset base
NEED HELP FINDING YOUR NEXT FRIDGE VAN? CALL US TODAY
LiveZilla Live Chat Software