top of page

New Start Van Funded

New start business secures funding for new van

The Problem


A business in their first year of trading approached to seek funding for their new van critical to the new venture. With limited trading history to go off, the challenge to fund the vehicle was set.


The Solution


Funding was secured over 5 years with a proactive funder who understood the business plan and trading to date, to structure a transaction to enable the purchase. A VAT deferral helped to align the VAT payment with the company’s VAT quarter which was a significant support to the cashflow in the early days of a very promising venture.


Deal Details

Amount Financed

45000

Term (Years)

5

Product Type

Hire Purchase with VAT Deferral

Asset Type

LCV

Constructive Asset Finance Ltd

Constructive Asset Finance Ltd is an Appointed Representative of Alfred Vaughan & Co Limited trading as Vaughans.  Alfred Vaughan & Co Limited trading as Vaughans is authorised and regulated by the Financial Conduct Authority, FRN 966356. Alfred Vaughan & Co Limited trading as Vaughans is an authorised credit broker and not a lender.  We work with a panel of lenders whose particulars will be supplied upon request to find a potentially suitable arrangement for your consideration. 

Constructive Asset Finance Ltd ICO registration number is ZB579553 and you can check via www.ico.org.uk.

Constructive Asset Finance Ltd is registered at Unit 2 Olympic Court Whitehills Business Park, Boardmans Way, Blackpool, FY4 5GU. Company Register number is 14996682.

Whichever lender we introduce you to we will receive commission from. Different lenders pay different amounts based on different commission models and interest amounts. For transparency we only work with commission models based on a percentage of the amount you borrow and/or a percentage of the facility service fees charged by the lender.  The percentage can vary depending on factors such as the size of the loan advance and/or complexity of your requirements. We will sometimes receive fees separately from you; for the avoidance of doubt, these sums would be confirmed in Our Terms of Business Agreement which, if applicable, will be issued to you for your review and execution prior to proceeding. Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey. Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey.

bottom of page