Real deals arranged by CW Asset Finance, the broker behind Van Monthly: what the business needed, what made it tricky and how it was funded.
Bathroom fitter, Newcastle upon Tyne
Work van
He could not start work without a van, and had no accounts or trading history for a lender to score. Applying to lenders one after another would have marked his credit file each time, so we placed it where a new start could be funded.
Read the full case study on CW Asset FinanceIndustrial door and shutter installer
Seven commercial vans
Expanding fitting teams needed seven vans at once. On £210,000 of vehicles the VAT alone was a large sum due before any van had earned anything. We sourced the vans and put them on one agreement with the VAT deferred to match the company returns.
Read the full case study on CW Asset FinanceMachinery installation company, South Yorkshire
Used 2022 Peugeot Expert, 19,000 miles
Five years would have given the lowest payment, but the van would have been eight years old before it was owned. Three years cost more each month and less in total, and suited a business that wanted to own it sooner.
Read the full case study on CW Asset FinanceEnergy services contractor
Two plug in hybrid Ford Transits
Hybrid vans have little resale history, so a lender deferring a big final payment is making a judgement. We put both vans on one agreement and agreed the final payment at the outset, so the business knew it from day one.
Read the full case study on CW Asset FinanceLifting contractor
Used three year old 4x4 pickup
The whole price before VAT was funded with no capital deposit, but the VAT was still due at the start. We set out every amount before signing so nothing came as a surprise at collection.
Read the full case study on CW Asset FinanceConstruction projects company
Two Land Rover Defender Hard Tops
Both vehicles went on one agreement with nothing down. The real work was the final payment: high enough to keep the monthly figure comfortable, but not so high it became a problem in year four. Payout came eight days after the file opened.
Read the full case study on CW Asset FinanceConcrete flooring business, Wakefield
Tipper, replacing a van
The dealer offered a part exchange on the old van. We sold it separately instead and funded the tipper, which left the business £500 better off and a slightly smaller balance to finance.
Read the full case study on CW Asset FinanceEvery application is assessed on its own merits and all finance is subject to status. These are past outcomes, not a guide to what any other business will be offered.
Example, not a real customer
A landscaping sole trader. Used 3.5 tonne tipper van.
A 3.5 tonne tipper can be driven on a standard car licence and needs no operator licence. If the landscaper is VAT registered, the VAT paid at the start comes back on the next return.
Worked out at an illustrative fixed rate of 9.9% a year. Total payable £26,887 including the VAT deposit.
These examples are illustrations to show how the finance works. Your rate, deposit and term depend on your business, the machine and the lender, and all finance is subject to status.
