As an update to our previous post on Wednesday 18th March 2020 and the updated advice from the government in the Prime Ministers key statement on Tuesday 24th March, we wanted to give our customers another update on Dealer Net Finance’s business procedures over the coming weeks.

Dealer Net Finance Operational Changes
After the government’s decision to stop any non-essential travel earlier this week, we have now moved all our staff to work from home.

We have invested in infrastructure to make sure our staff can access everything they would have if they were in our head office, giving them access to all the information to help you through this uncertain period.

The office contact number is still being answered, but for specific contact details for staff, please find them below.

Our up to date contact information is as follows –
Dealer Net Finance Office:
Office Number – 0191 586 6168
Office E-Mail – sales@dealernetfinance.co.uk

Howard Musgrave:
Mobile Number – 07933 271151
Howard E-Mail – howard@dealernetfinance.co.uk

Kavan Young:
Mobile Number – 07562 426899
Kavan E-Mail – kavan@dealernetfinace.co.uk

Payment Holidays
We have been in regular contact with all of our funders who are looking to help clients with managing payments on their agreements throughout this time.

Our funders are looking to work with clients to help restructure or manage payment holidays over the next few months, without affecting your credit rating.

You will need to contact funders direct to arrange this. We have a full list of funder customer service details in our news section you can find it here.

If a funder you have an agreement with isn’t listed, please contact us directly and we can arrange contact information for you.

Coronavirus Business Interruption Loan Scheme (CBILS)
Through some of our funders, we are now able to access a new finance scheme set up to help businesses through the Covid-19 crisis.

The Coronavirus Business Interruption Loan Scheme (CBILS) has been set up to help businesses who are losing revenue and seeing cash flow disrupted as a result of the outbreak.

For more information read our full post on CBILS in our news section here.

Going Forward
Dealer Net Finance is here to help your business keep moving through this period.

For clients that have had to down tools, we are here for you to help with your finance agreements through this time.

And for our clients who are still working and still looking to purchase vital pieces of equipment and access key funding for your business, we are still fully operational and here to help you access great funding rates.

We have stopped business visits to for the safety of both staff and clients and to help contain the spread of the virus, but we are still available over the phone and by e-mail to arrange finance quotes and agreements as normal.

And to sign documentation we are still able to E-Mail and post agreements to customers and we have also invested in the latest Adobe Sign technology to quickly and securely get your documents signed by electronic signature.

As this is an ongoing and rapidly changing situation we will be monitoring this closely with government and NHS updates and changing our business procedures as we see fit – the safety of our clients and staff is our main concern at this time.

Any further updates from Dealer Net Finance will be communicated here on our website and through our Facebook & Twitter accounts.

Stay safe.

 

A new scheme has been launched by the government to help SME businesses across the UK cope with the huge challenges and uncertainty due to the worldwide Coronavirus pandemic.

Arranged through the British Business Bank, The Coronavirus Business Interruption Loan Scheme (CBILS) which was announced in The Chancellor’s 2020 Budget is now live.

CBILS is a new scheme that can provide facilities for smaller businesses across the UK who are experiencing lost or deferred revenues leading to cash flow disruptions through this period.

The scheme provides the lender with a government-backed, partial guarantee against the outstanding balance of the finance.

The Government will make a Business Interruption Payment to cover the first 12 months of interest payments and any lender-levied charges.

CBILS is available on:

  • Asset Finance
  • Term loans
  • Overdrafts
  • Invoice Finance

All finance is subject to approval and certain criteria is needed to be met to qualify for CBILS.
See the eligibility criteria below. The borrower remains 100% liable for the debt.

Find out more about CBILS and how they can help your business on the British Business Bank website here.

For more information and to see if your business is eligible, please contact Dealer Net Finance today on 0191 586 6168 or drop us a message through our Contact Us form.

Download the Coronavirus Business Interruption Loan Scheme (CBILS) Eligibility Criteria here.

 

As we move through these uncertain times and businesses in a wide range of sectors have been asked to close their doors by the government, this is obviously leading to customers being but into a tough situation regarding payments on financial agreements.

As expected, we have been inundated with calls from concerned clients and we have been in continual contact with our funders to get updates on the processes and procedures they are putting in place to help customers through this tough period.

Finance companies have got options in place for clients who may need a payment restructure or break during this tough period for UK businesses, but you will need to contact them directly.

We have but the contact information for some of our funders below, if you believe the funder you have an agreement with is not below please contact us.

 

Funder Contact Details
Aldermore Telephone: 01189 556675
Website: www.aldermore.co.uk
BNP Paribas  

Phone: 0345 603 6492
E-Mail: paymentenquiries.ls@uk.bnpparibas.com
Website: www.leasing.solutions.bnpparibas.co.uk 

Close Brothers  

Phone: 0333 200 6222
Web: www.closeassetfinance.co.uk

De Lage Landen (DLL)  

Phone: 01923 810016
E-Mail: csd.uk@dllgroup.com
Web: www.dllgroup.com

 

Hampshire Trust Bank (HTB)

 

Phone: 020 7862 6262
E-Mail: specialistbusinessfinance@htb.co.uk
Web: www.htb.co.uk

Hitachi  

Phone: 01784 411821
E-Mail: business.finance@hitachicapital.co.uk
Web: www.hitachicapital.co.uk/business-finance

John Deere Financial  

Phone: 01452 372255
Web: www.deere.co.uk

Macquarie  

Phone: 0330 123 2167
Web: www.macquarie.com/uk

Northridge  

Phone: 0800 917 0931
E-Mail: customerhelp@northridgeuk.com
Web: www.northridgefinance.com

Société Générale Equipment Finance (SGEF)  

Phone: 0208 973 2089
E-Mail: customer.services@sgef.co.uk
Web: www.equipmentfinance.societegenerale.co.uk

United Trust Bank  

Phone: 020 7190 5555
E-Mail: info@utbank.co.uk
Web: www.utbank.co.uk


Whiteoak
 

Phone: 0330 058 0837
Web: www.whiteoakuk.com

Click here to download a PDF copy of the above funder contact information.

When you contact the relevant finance company you may need to pass over some details including an agreement number. This can be found on your finance paperwork that was left with you or posted out to you when you signed your agreement. If you would like an agreement number we can source this for you on our system.

If you need to contact the Dealer Net Finance team direct you can reach us on the following numbers:
Dealer Net Finance Office:
Office Number – 0191 586 6168
Office E-Mail – sales@dealernetfinance.co.uk

Howard Musgrave:
Mobile Number – 07933 271151
Howard E-Mail – howard@dealernetfinance.co.uk

Kavan Young:
Mobile Number – 07562 426899
Kavan E-Mail – kavan@dealernetfinace.co.uk

Any further updates from Dealer Net Finance will be communicated here on our website and through our Facebook & Twitter accounts.

Stay safe.

 

Following on from the latest government and NHS advice regarding Coronavirus we wanted to give our clients an update on our business procedure.

The team at Dealer Net Finance will be running as normal for the foreseeable future and will be available to help with your business finance throughout this uncertain period.

In the circumstances that any of our staff have to be moved into a situation of self-isolation, we have put measures in place to make sure they have a direct connection to all the usual facilities and information they have available in the office & will still have a direct connection available for customers through phone & e-mail.

Our up to date contact information is as follows –
Dealer Net Finance Office:
Office Number – 0191 586 6168
Office E-Mail – sales@dealernetfinance.co.uk

Howard Musgrave:
Mobile Number – 07933 271151
Howard E-Mail – howard@dealernetfinance.co.uk

Kavan Young:
Mobile Number – 07562 426899
Kavan E-Mail – kavan@dealernetfinace.co.uk

As these times are still uncertain and updates are being made daily from the government and the NHS, which we will continually monitor, we want to make clients aware that we have facilities in place to sign documentation electronically through E-Mail & E-Sign along with the option to post out documents for signing.

As always, we are still happy to visit clients for signing, but we will be taking the signing of any agreements on a case by case basis to meet the needs of you as a client. Client health and safety is at the forefront of our business procedures.

Please be aware that this is an extremely mobile situation which is changing on a daily basis that will remain under constant review.

We fully recognise the need to adhere to the expert advice available and as such we would point all our clients in the direction of the guidelines set out in detail by Public Health England via their website and NHS England also provides updated and expert advice via their website

Any further updates from Dealer Net Finance will be communicated here on our website and through our Facebook & Twitter accounts.

Stay safe.

 

With 2020 well underway clients are continuing to invest in their businesses to get set for a busy year ahead. A spot of bad weather has slowed work down for some of our clients working outdoors, but they are keeping positive of a good year ahead as the spring months are on the horizon.

Take a look at some of the financial agreements we arranged in February 2020:
New BMW X3 – £30,000-00
New Yamaha 700 ATV – £9,200-00
New Takeuchi TB216 – £15,000-00
New Scania R450 – £91,000-00
Used Numerous Farm Machinery Auction Purchases – £75,000-00
Used Claas Axion 810 Tractor – £21,000-00
Used Valtra T173 Forestry Tractor – £35,000-00
Used Horsch UW160 – £13,500-00 – Private Sale
Re-Finance – PCP Balloon Payment Land Rover Discovery – £12,300-00
Loan – Fertiliser – £14,700-00

February saw a varied mix of our financial products used.
We helped arrange finance agreements on new & used equipment and vehicles, with several clients also utilising our options to purchase directly from another business or an auction instead of a traditional route from a machinery supplier.

We also helped a farmer access a loan agreement to pay his fertiliser bill and another customer re-finance a balloon payment at the end of their PCP agreement that they had set up directly with a car dealer when they purchased their car three years ago.

If you would like more information and a no-obligation quote on business finance give our team a call today on 0191 586 6168 or drop us a message through our contact us form.

Also, why not like us on Facebook, follow us on Twitter or join us on LinkedIn to keep up to date with the world of business finance.

It's a simple process

Step 1

Call us or fill in our contact us form

Step 2

We'll contact or visit you to help create a bespoke finance plan

Step 3

We'll work with our portfolio of funders to discuss then submit your application

Step 4

Upon approval, we prepare all documentation for signing then process for pay out

Contact us

Call: 0191 5866168 or complete the form below.

Dealer Net Finance, The Old Brewery Business Centre, Castle Eden, County Durham, TS27 4SU
Email: sales@dealernetfinance.co.uk

© Dealer Net Finance Ltd 2018. All Rights Reserved.
Dealer Net Finance Limited. Registered in England & Wales Reg. No: 5722918
Registered Office: Eshton Suite 2 Wynyard Business Park, Wynyard Avenue, Billingham, Cleveland, United Kingdom, TS22 5TB
Authorised and Regulated by the Financial Conduct Authority, Authorisation No: 660336