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How commercial vehicle finance can help free up cash

A sudden breakdown or growth in business can mean that you need to invest in your commercial vehicles quickly. We understand that this can be a large and sometimes unexpected cost. For this reason, we work towards ensuring that our commercial vehicle finance deals are approachable and affordable for your specific needs.

Commercial Vehicle Finance

At NGI Finance, we offer commercial vehicle finance options that can help balance your cash flow. Whether you are looking to expand your business or upgrade existing vehicles, with deposits as low as 5%, our loans are well within reach.

What can commercial vehicle finance help you buy?

Another way commercial vehicle finance can help support budgeting is by refinancing existing vehicles. This is just one of the many ways that we can help free up cash within your business.

The different types of commercial vehicle finance on offer

Within commercial vehicle finance, you will find yourself with multiple options:

  • Hire purchase
  • Commercial vehicle finance leasing
  • Contract hire

When considering which type of commercial vehicle finance you will have the flexibility to choose a type that best fits your business.

Hire purchase agreement allows you gain ownership of the vehicle with fixed month payments and low deposits.

Commercial vehicle finance leasing gives you the flexibility of lower monthly repayments and the potential to pay a lump sum based on the resale value of the car at the end of your contract. This can really help if you are looking to cut immediate costs.

Contract hire not only means that all maintenance will be covered in your monthly payments, but up to 100% of VAT can be reclaimed.

Click here to find out more about the options available.

Most importantly, what commercial vehicle finance allows you to do is better budget your operations. With monthly payments, you can factor in where you have free cash to invest in your business.

Please get in touch today to discuss your specific commercial vehicle finance requirements. Our team of specialists will be happy to advise you on a solution that supports your business’ individual needs.