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Driving Schools·Asset Finance

Funding Secured For 17 New Dual Controlled Driving School Cars

Facility Amount
260,000
Term
48 Months
Rate
8.9% APR
Time to Fund
10 Days

The Challenge

One of the UK's largest Driving School networks recently approached Sorbus Finance to fund 17 new dual controlled cars. They had worked with finance brokers in the past who were unable to provide a turn-key funding solution that also covered the cost of the dual controls and vehicle livery. In addition to this, they also requested supported in sourcing vehicles that were cost effective for their business needs.

Our Solution

Our team were able to build a finance package that delivered 17 new dual control cars, including the costs of dual controls, livery and delivery to the end users all in one monthly payment. In addition to this, our team were able to support the customer with an optional VAT deferral which gave the client additional cash flow support.

The Outcome

The client had 17 new vehicles funded ready for their post summer growth and onboarding new drivers. Our team ensured that the livery was completed to a high standard inline with their brand guidelines, sourced He-man dual controls and ensured their was a smooth system in place to get the vehicles delivered to the end instructors.

Need a similar solution?

Speak to our commercial finance team to discuss how we can arrange funding for your business.


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