An independent ambulance provider based in Scotland, delivering patient services across the UK, required new vehicles to support business growth and meet increased demand. They approached Moorgate Finance to find a cost-effective funding solution for their fleet expansion.
The Highlights
✅ £100,000 funded for two ambulances, acquired with a VAT deferral and 5% deposit
✅ Funding structured over a five-year term to make payments more manageable
✅ Moorgate Finance provided a personalised service, including a face-to-face meeting
✅Enabled the customer to take on a new contract successfully
The Challenge
The business needed two brand-new Renault Master vehicles, fully converted for PTS (Patient Transport Services) operations. While there are no existing financing issues, their main goal was to secure the most competitive rates on the market without compromising on speed or service, enabling them to continue expanding their operations efficiently.
The Solution
Moorgate Finance structured a deal of over £100,000 for both ambulances, funded over a five-year term. A VAT deferral was applied to ease immediate cash flow pressures, and the customer was required to provide only a 5% deposit. Throughout the process, we provided personalised service, meeting the customer in person to guide them through the funding process and ensure everything was tailored to their specific needs. The new vehicles allowed them to take on a significant new contract, supporting their UK-wide patient transport services and positioning the business for further growth.