This customer approached us to see if we would be able to assist with the purchase of a new tractor to replace an older one which was becoming unreliable. 
 
Deal Done 
 
Asset - New Zetor Crystal 170 Tractor 
Price - £82,000 + VAT 
Term - 60 months 
This customer approached us to see if we would be able to assist with the purchase of a new tractor to replace an older one which was becoming unreliable. 
As a tenant operating as a sole trader with multiple smaller customers, the high street lenders were out of the question. 
We were able to place the deal with a specialist agricultural lender who understood the seasonal nature of his business. 
To help with cashflow, we structured the Hire Purchase deal so he could defer the VAT and pay it back with the first 3 monthly installments. 
The original credit line was in place over 3 months ago. The dealer contacted us on Wednesday to say the tractor was ready, we met the customer in Cumbria on Thursday and the deal was paid out early the next week. 
Share this post:

Leave a comment: 

Our site uses cookies. For more information, see our cookie policy. Accept cookies and close
Reject cookies Manage settings