A food distributor supplying supermarkets and local convenience stores approached us to arrange funding for an additional Mercedes-Benz Sprinter van.
The Highlights
✅£23,850 vehicle purchase over 5 years
✅10% + VAT deposit
✅Competitive rate
✅Approval secured in advance
✅Same-day payout upon signing, as per client’s request
The Challenge
A CCJ relating to a parking ticket meant the application required careful lender selection and strong presentation to ensure a smooth approval process.
With demand increasing, the business needed to expand its fleet quickly to maintain delivery schedules and support continued growth. Timing was critical, they wanted funding approved in advance so that when the right vehicle became available, they could move immediately without delays.
The Solution
We assessed the client’s overall financial profile and identified the most suitable lender for their circumstances. By proactively addressing the CCJ and positioning the strength of the business correctly, we were able to secure a competitive approval with Paragon.
To avoid any disruption, we arranged the finance facility ahead of the vehicle being sourced, giving the client confidence and buying power when speaking with suppliers.
We also worked closely with the vehicle supplier throughout the process, even during the busy Christmas period, to ensure documentation, communication and payout were handled without delay.
Funds were released the same day the documents were signed, exactly as requested.
The business successfully added another Sprinter to its fleet, increasing delivery capacity to supermarkets and corner shops.
With additional vehicle support in place, they are now well positioned to take on new contracts and continue expanding operations with confidence.
Speak to our Finance Specialist…
Robyn Rawling
Account Manager
Mobile: 07592 503 477
Office: 01908 039 489