Haydock Finance and minibus and fleet supplier PHVC have founded a partnership that will see Haydock provide vendor finance to PHVC’s customers. The agreement will offer “a range of competitive and affordable funding options.” Haydock has also incorporated PHVC’s maintenance package into its facility.
Says Haydock Finance Head of Vendor Mike Boyes: “Our vendor division is focused on helping suppliers to increase their sales by providing flexible funding options to their customers.
“We are delighted to have PHVC onboard and we look forward to supporting its growth plans with increased sales, improved cashflow plus a speedier sales process. Haydock’s hard asset expertise combined with a wealth of industry knowledge means that we have a good understanding of our customers’ marketplace, enabling us to add real value to our vendor partnership.”
Adds PHVC Managing Director Paul Huxford: “We were impressed with Haydock Finance before we discussed our requirements. Its people visited our head office and distribution centre to get a feeling of our business. They also fully understood our minibus market as Haydock is strong in the coach and bus sector, which gives a unique advantage.
“Our team look forward to a long and happy business relationship.”