What We Finance

Cars

Car finance is probably the most involved and confusing area of finance. There are more ways to finance a car then any other thing we fund.

There are tax issues to consider (both for business and car opt out clients), VAT, variable/fixed interest, Residual Values or Balloon Payments. Contract Hire, HP, Leasing, PCP, Lease Purchase…………………..need I go on.

We take away the mystery of this complicated area, discussing your situation, budget, requirements etc to give you the best suited method and then a great finance rate to boot.

We aren’t here to sell you insurance products that are wildly overpriced or unnecessary. We can advise you on what is worth having and the costs you should be paying and where to get it from.

We always have some great offers on Leasing and Contract Hire including some very special short term deals. So either keep an eye on our specials page or contact us to discuss.

We Can also look at the complicated area of sale and lease or contract hire back, which is a great way of raising capital for an existing business or indeed a take over target or company purchase.

Vans

Similar to Car finance, there are many options to look at with funding Vans.

We also have some great supply offers and for larger fleets can discuss requirement direct with manufacturers to obtain special fleet supply terms.

Vat only deposits, indeed on occasions we are able to even fund the VAT to inject some capital into your business if required.

Trucks and Trailers

For larger truck and trailer fleets we have some very competitive rates available, we also have access to numerous lenders who compete in the operating lease market-place, and we can therefore play one off against another to achieve some very cheap pricing in the sector.

For new start hauliers and those owner/drivers out there, we have several flexible lenders who are well used to underwriting in this specialist field where because of the nature of the industry, accounting/bank information might not be perfect but where we and our lenders understand the relationship between a driver and his truck and how in most cases they would prefer to default on a mortgage rather than their truck.

Bus and Coach

We understand the requirement for cash positive payments in this sector. We have excellent relationships with lenders who will offer very flexible, low deposits, longer periods and large balloon payments which assist in create manageable and competitive payments.

For the companies whose cash flow is not so much of an issue our keenest priced lenders will offer unbeatable rates to obtain this quality business where the asset generally gives them great comfort.

Agricultural

Credo is well used to dealing in the agricultural market. Our offices are based in rural Norfolk and much of our business comes from this sector.

We pride ourselves on getting to know our customers and coming up with innovative and cash efficient payment profiles designed to assist with the seasonal nature of the agricultural business.

Engineering Equipment

Credo Asset Finance knows how important engineering machinery is to the owners and directors of the companies in this sector.

We like to roll our sleeves up and understand not only the finances, but the products and issues associated with our customers businesses.

These generally expensive machines require the best finance rates around and we acknowledge the difficulties this sector faces from the emerging markets in the Far-East. Our lender find good comfort in known branded machines that still retain good market values and hence good rates of finance are normally on offer here.

Construction Equipment

This again is a core market for Credo. We have many years experience in dealing in the construction sector and feel our customers are very comfortable with us.

We talk your language. No airs and graces, just old fashioned good service, good rates and the ability to work around the hours you keep.

Printing Equipment

Whether it be a five colour Heidelberg press or a £2000 Mac, we have the right deal at the right price for you.

Our lending panel are very used to dealing in all sectors from the £1m plus deal at the keenest of rates to the smaller value, computer based product.

Our commercial finance rates are very competitive even on the smaller deals where we are able to price our rates based on standard commercial rates, unlike the lease companies who specialise in the IT sector but charge IT finance rates which are historically much much higher.

IT (Copier and Computers) and Furniture

We have access to two lenders in particular who offer something different in this sector. Normally you are at the mercy of the IT finance lenders, who because of the fact these are less attractive assets to the finance houses, charge a very high premium for this type of lease and HP finance.

Credo are different. Because of the amount of business we place with our commercial lenders, when we place business in the IT field, it is viewed and priced as though it were any more standard commercial asset and hence we are significantly cheaper than the alternatives.

Ask us for a quote, you will not believe how much you may be able to save.

Leisure

Sometimes for business but often for pleasure, we have specialist lenders who will finance Boats, Caravans, Motor Homes, Planes and Helicopters. This is sometimes a complicated area but this is generally not in product terms as there are very few on offer. The complications are more often in paperwork, legal, insurance and other matters and we and our partners can help and advise to make this a more transparent and understandable area for you.

Manufacturing

We have the lenders who understand and are the most competitive in this sectors. Whether it be one machine or a whole factory line, we will talk to you and understand your requirement, often tailoring a bespoke finance product for you to tie in with advance deposits, stage payments and the like.

Commercial Mortgages

Many of our lenders have special commercial mortgage rates that they pass on to our customers.

We would be pleased to hear from anyone who has a commercial mortgage requirement where we should be able to offer some great advice and saving and maybe extra flexibility on the deposit.

Factoring/Invoice Discounting

We have two very special Invoice Discount and Factoring companies on our books. We would be happy to discuss any requirement you have for working capital funding – you should always talk to us before making any decisions about this type of funding.

This is a sector where overcharging is rife. I can say with hand on heart that our keenest lender would beat any rates and reduce any fees being charged out in the market-place at the moment.

Vehicle Sourcing

Because of our dealer and manufacturer relationships gained through the years, we have access to some amazing prices on supplying vehicles, whether financed or sold for cash. We also have the contacts to negotiate some individual fleet terms on fleets of 10 or more. Obviously the larger the fleet, the more the special terms would improve.

Please look at our special supply price examples but please contact us regarding any vehicles as we enjoy discounts across the board on Audi, VW, Mercedes, BMW, Toyota, Renault, Citroen, Alfa, Seat, Honda, Jaguar, Land Rover, Mazda, Nissan and others.

Find Out More

Products

Contact Us