Who do you guys use to finance your trucks? Any one got any recommendations ?
Give Kim at Asset 91 a ring i have use them for years Tell him Neil Bates put hui onto him
01603 812612
Lombard finance our company vans and reps car.
Always been straight up and the numbers have always looked good when compared to other peoples.
Lombard here as well
For us it would depend on the rates/terms and they generally depend on you as a risk for new manufacturer is probably best for used we use Lombard have done for over 20 years.
I got bummed by close brothers. To be fair at the time I was a risk but I love the trick where they tell you the interest rate & it’s always the lower one and not the apr.
I’ll try Lombard next time.
I used tLombard once I’d got myself established with a cheap old snotter that I paid cash for, then a trailer through Close Asset, but Lombard are very picky, the slightest hint of any indiscretions in your past and they knock you back.
I know a few that were turned down by them and they were straight up people.
Maybe they’ve changed their criteria now, but they used to be one of the most difficult to get approval from.
newmercman:
I used tLombard once I’d got myself established with a cheap old snotter that I paid cash for, then a trailer through Close Asset, but Lombard are very picky, the slightest hint of any indiscretions in your past and they knock you back.I know a few that were turned down by them and they were straight up people.
Maybe they’ve changed their criteria now, but they used to be one of the most difficult to get approval from.
I found the opposite with them, SDC wouldnt give me there in house finance on a new trailer but Lombard gave me 20k no problems, mind that was back in the good old days when banks where giving money to anyone
We used Lombard 24 years ago for a van then bits and pieces since then and this year a big wedge, never had any issues though I do have to haggle on the rate.
Earlier this year we put a truck with them it took 3 weeks to agree terms.
We generally buy said item then sell it and lease back from Lombard so I suppose they do know that at a push we could afford to buy it we purely use them for cash flow.
The bank is pretty good at the mo offering 5.2% fixed
Depends how much you want to borrow. HSBC are offering 3.9% on loans up to £15,000 
Hello Everyone,
Sorry for butting in but i was just wonder how much does it cost to insure a unit and i know it is hard to answer but monthly cost of running your own unit ?
Depends how long you been established
Ltd or not and credit rating
If starting out some good brokers around
Pay bit more interest not like these car places
Last few years I’ve used manufacters finance or
Lloyds bank asset finance depending who offering the
Best deal at the time
One truck last year Lloyds and manufacture
Fighting for business kept dropping rates lol