Finance Snapshot – October 2020

As the autumn colours take over the landscape and the dark nights set in the Dealer Net Finance team kept working hard through October to help businesses across the UK access top finance packages to help move their businesses on.
As always through 2020, a continued level of uncertainty runs in the minds of business owners throughout the UK, but several our clients are keeping a quiet optimism and continuing to invest in the futures of their businesses, through expansion projects, diversification projects and asset purchases.
Take a look at some of the financial agreements we arranged in October 2020:
Hire Purchase – New Kubota M105GX Tractor – £25,000-00 (0% Finance Scheme)
Hire Purchase – New Hi-Spec MixMax – £12,000-00 (0% Finance Scheme)
Hire Purchase – New 6 x Golf Course Driving Range Floodlights – £9,000-00
Hire Purchase – Used Caterpillar 325DL – £103,900-00
Hire Purchase – Used JCB 4220 Fastrac Tractor – £69,400-00
Hire Purchase – Used Mini Cooper – £13,000-00
Sale & HP Back – New Ford Transit – £19,800-00
Loan – Loan for Livestock – £137,500-00
Loan – Loan for Building – £50,000-00
Loan – Loan for Fertiliser – £56,000-00
A mix of finance projects for the team to take a look at through October which highlights a wide range of products that we have on offer at Dealer Net Finance.
We had a couple of customers take advantage of the great manufacture schemes we have available, purchasing new Kubota and Hi-Spec machinery on 0% finance plans.
We have access to a range of the schemes which change throughout the year from top manufacturers in the agriculture & groundscare machinery sectors. Keep an eye on our website news as we update these as they become available.
This month our hire purchase product helped businesses access assets from large Caterpillar & JCB construction machinery to a set of new floodlights for one of our golfing centre clients.
And our loan product remains to be a popular offer for clients. This finance option offers a flexible approach to business finance which suits larger business projects.
In October, we secured loans on livestock for a farmer looking to branch out into a new area for his business and for another farming business who is putting up a new shed. £50,000 was paid directly to the client who can then pay off different suppliers and contractors as certain stages of the project are completed.
If you would like more information or 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.
Stay Safe.