Can I keep cash available instead of paying for a work van outright?
Spreading an eligible vehicle purchase through asset finance can reduce the amount of purchase money paid at once, in exchange for an ongoing payment commitment and finance costs. There may still be VAT, fees or an initial contribution to fund. Compare the full agreement with an outright purchase and the cash the business needs for its other commitments.
Read about van finance →The completed deal
CW Asset Finance arranged finance for a business in Harrogate, North Yorkshire for a Ford Transit. The deal has paid out.
Deal at a glance
| Asset | Ford Transit |
|---|---|
| Customer town | Harrogate |
| County | North Yorkshire |
| Supplier | Carstar (Leeds) Limited |
| Status | Paid out |
About this example
This record describes a completed commercial vehicle finance deal. The customer location identifies where the business was based; it does not limit the areas CW Asset Finance covers. The vehicle is an example of an asset funded, rather than stock currently offered for sale.
Key outcome
The Ford Transit finance deal completed for the business in Harrogate, North Yorkshire.
Every application is assessed on its own merits and all finance is subject to status and lender approval. This is one client’s outcome and is not a guide to what any other business will be offered.
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