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Cleaning services·Asset Finance

Funding Secured for Renault Traffic Van for Cleaning Services Business

Where it left the business

Finance was secured at 14.9% APR, and the vehicle was funded within three days. This enabled the customer to replace their existing van well within the two-week deadline and maintain continuity of their cleaning business operations.

Supporting facts

Facility Amount
£28,933
Term
60 Months
Rate
14.9% APR
Time to Fund
3 Days
Funding for Renault van for a cleaning services buisness

The ambition

An existing customer needed to replace their van as their current finance agreement was approaching its end, with only two weeks remaining before the deadline. A quick turnaround was essential to secure a suitable replacement vehicle and avoid disruption to the customer's business operations.

How the finance was structured

We used our network of contacts within the motor trade to source a suitable Renault Trafic van that met the customer's business requirements. We then arranged asset finance of £28,933 over 60 months, securing a competitive solution within the tight timeframe.

What it made possible

Finance was secured at 14.9% APR, and the vehicle was funded within three days. This enabled the customer to replace their existing van well within the two-week deadline and maintain continuity of their cleaning business operations.

Client details are anonymised. Figures are the facility terms published for this case; lenders make their own credit decisions and every case is assessed individually.

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Arran Turner, Managing Director at Sorbus Finance

Arran Turner

Managing Director

General commercial finance and how Sorbus works

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Graham Nash, Commercial Finance Director at Sorbus Finance

Graham Nash

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Business loans, cash flow and wider commercial funding

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