Tighter margins, increased fuel costs and stringent European legislation are putting increasing pressure on many businesses in the transport industry.
Overcoming these and remaining open to opportunities for growth requires a sound financial strategy.
Close Brothers Asset Finance works with you to find funding solutions that spread the cost of investment in new vehicles, or release working capital from your current fleet.
Asset Finance options:
- Hire Purchase: Acquire an asset while paying for it in instalments over an agreed timescale. At the end of the term, you have the option to purchase the asset outright
- Refinancing: A quick way to access the value of assets on your existing balance sheet and redeploy that value elsewhere within your business
- Sale and HP Back: The funder purchases the asset and finances it back to a business
- Finance Lease: Use the equipment you need without having to buy it outright.