One of the largest minibus operators in Aylesbury and surrounding areas needed assistance with purchasing a brand-new Mercedes Sprinter.
The Challenge
This deal was for a valued long-term customer of Moorgate, and we have successfully completed over seven previous deals with them. This time they required a 3.7% flat rate on a brand-new Mercedes Sprinter minibus, in order for them to fulfil a new contract they had won. This meant the business required a quick turnaround and the decision to be made extremely quickly with payout turnaround for the new registration plates in March.
The Solution
We successfully secured £142,000 in funding, structured as a hire purchase over a 72-month term. Within just 24 hours, we arranged the requested terms, gaining swift approval and ensuring the deal was invoiced and ready for payout upon registration. Not only did Moorgate Finance meet the customer’s strict timelines, but we also outperformed another broker by offering more competitive rates. This new minibus has now allowed them to fulfil a newly secured contract, expand their private hire services, and further grow their business.
The Highlights
✅ £142,000 funded for a brand-new Mercedes Sprinter Minibus
✅ Hire purchase structured over a 72-month term, with swift approval, the deal invoiced and ready for payout within 24 hours
✅The new minibus allowed them to fulfil a new contract, expand their private hire services and further grow their business
Give us a call on 01908 92 62 62 or head to www.moorgatefinance.com/apply-now to start the conversation.