Product update - Asset finance
The COVID recovery has created a boom in vehicle purhcases and large increases in industries supporting transport and infrastructure. The asset finance market provides consumer loans, chattel mortgages (the most common way to purchase a work vehicle), commerical hire purchase and novated leases. Several specialist and major lenders compete in this area offering loans for regualr vehicles, light commercial, yellow heavy goods, boats, caravans and equipment. The best rates are at under 3% and increase dependent on the level of information being provided (low-doc) age of equipment, trading duration of business and credit rating. Our quick asset finance service provides a fast and easy applicatiion process, car buyers service and multiple lender quotes.
