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Traditional Hire Purchase Agreement
 

  • Established and modestly profitable bus & coach operator purchasing a used Scania K114 Van Hool Alizee for £55,000+ vat from another operator.

  • Deal declined by bank due to supplier being a non-franchised dealer.
    Following submission of a complete proposal by Landmark Finance, the deal was approved within 4 hours.

  • ‘e-docs’ were emailed to the operator and the deal was paid out within 48 hours of receiving the initial enquiry.

Refinance Agreement
 

  • Operator with a net worth of £850k, The company was looking to develop its freehold site to provide additional maintenance facilities, they needed to raise £100k to cover building and equipment costs.

  • A review and valuation of their vehicle fleet was undertaken, the equity released more than covering the required funds.

  • Bank debenture waiver not required as assets are movable.

  • Landmark Finance proposed the deal which was approved within 3 days of receiving the required information.

  • Landmark Finance representative visited the company to have all the documentation signed and asset inspections completed.

  • The funds were paid directly into the customers bank within 1 week from the initial enquiry.

Finance Lease Agreement with Seasonal Payments
 

  • Landmark Finance was approached by an existing customer to arrange funding for a new coach required for Ski work during the winter period.

  • The company wanted to offset the rentals against their P& L and they were extremely concerned about meeting payments during the quieter summer periods.

  • Landmark advised the company on the advantages of a finance lease with seasonal payments, this was structured to take lower payments during the summer periods followed by higher payments during their busier period.

  • The company were pleased that a solution to their problem had been solved and went on to order the new coach for delivery in time for the new Ski programme.

Flexible Business Loan
 

  • Landmark Finance was approached by an existing customer where their bank had withdrawn support on a long standing overdraft facility at short notice.

  • The company needed to inject funds to replace their existing overdraft & inject additional capital.

  • Landmark advised the company on the benefits of a unsecured flexible business loans including favourable settlement terms, easy setup & quick turnaround.

  • Landmark secured an acceptance within 48 hours with the funds of £175k being transferred into the customers account shortly thereafter.  The whole process from enquiry to completion took just 4 days

Operating Lease
 

  • Landmark Finance were approached by an existing customer to arrange funding for a 2 x New DAF VAN Hool high specification coaches valued at a total of £850k.  The vehicles were required for upgrades to the fleet and to be used on Corporate Private hire work.

  • The company wanted to offset the deprecation risk given the high specification and value of the vehicles under consideration.

  • Landmark advised the company on the advantages of a Operating lease, including a lower deposit & minimised deprecation risk, whilst also spreading the VAT liability & aiding cash flow.

  • Landmark worked in conjunction with a specialist funder who fully understand the Operating Lease products and the customers needs.

  • The company were pleased that a solution to their problem had been solved, with an acceptance in place within 48 hours, enabling them to place their order ready for the upcoming season, whilst still maintaining the focus on their business.

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