Tap into the power of a broker

Richard Fothergill, sales director, LUV Asset Finance.

In a world where individuals and businesses alike seek assistance via the path of least resistance, the high street banks continue to take an age to make a final decision on whether to approve funding proposals due to form filling and internal processes.

As a third party intermediary, the broker has access to multiple funding lines with high street banks as well as independent finance houses and can procure the correct funding solution, competitive rates and get a decision within a couple of working hours, for the client.

The manufacturing, agricultural and construction equipment finance sectors each reported strong growth, with new business up by 61%, 35% and 27% respectively, compared with April 2017.

Why tie up your working capital by purchasing equipment for your business with cash, when you can spread the affordable repayments over a fixed term?

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