A logistics business who specialise in the delivery of aggregate materials were looking to boost their current fleet capacities and grow their business. They needed our assistance to help them purchase three Mercedes Benz Arocs tippers.
The Challenge
With the total purchase exceeding £525,000 (excluding VAT), and the vehicles already on order, the customer had been shopping around for the best finance deal. The dealer and other brokers had offered him poor finance options and the business had not being given a good rate.
The Solution
The customer was then contacted by Moorgate Finance and we were able to offer him a hire purchase deal that took him through a lender rate discount. This deal allowed the logistics business to save over £1,440 over the term and then even more savings in interest payments. Our experienced account managers were able to beat the offers the Mercedes dealership and other brokers were presenting, whilst ensuring the offers were tailored to the client. We were also able to establish a relationship between the client and Moorgate Finance, ensuring he trusts our expertise to always get the best deal possible.
Through purchasing the three tippers, it allowed the business to increase their fleet size to meet current working demands and fulfil work partnerships. This in turn will generate the business more revenue and increase the overall profit made.
The Highlights
✅ Over £427,000 funded for a logistics company
✅Moorgate were able to beat the dealership and other brokers offers
✅Allowed the business to save over £1,440 over the term and more in interest payments
✅The deal will allow the business to generate more revenue and meet current demands