Despite the generally more prudent attitude of underwriters, our current spread of over 15 schemes allows us to cover a whole spectrum of assets and covenants. These are some examples of deals we have transacted recently.

Equestrian Company

Purchase of a Renault Master Horse Box @ £26,000 over 48 Months.  Funded by a prime Japanese funder.

University

Purchase of a new air-compressor @ £12,600. Funded on a repayment profile of one payment followed by 59 with a prime Japanese funder.

Retail company

Purchase of a new SDC box trailer with tail lift @ £26,100. Small chain of retail shops, trading c. ten years. Funded with a deposit of 10% over 36 months with a prime Japenese funder.

Skip hire & recycling company

Refinance of 2006 telescopic loader @ £16,000. Funded over 60 months with a quoted near prime funder. Purchase of a 2008 Warrior screener @ £105,000.  Funded with a deposit of 10% over 48 months with a merchant bank owned near prime funder.

Installation company

Purchase of a 2005 Mercedes-Benz Vito @ £5,494. Company had a few defaults and one satisfied CCJ. Funded over 30 months with a merchanty bank owned near prime funder.

Chauffeur company

Refinance of 30 executive saloons into phoenix company @ £405,000. Company and directors with multiple adverse, winding up petition and slow payments. Long-standing client of Norton Folgate with £2.5M+ funded over ten years. Funded over 36 months on a syndicated basis with three near prime funders.

Plumbing & heating company

Purchase of 2009 Land Rover Defender and 2007 Range Rover Sport @ £24,995 and £39,250. Company less than two years incorporated, had satisfied adverse and directors are tenants. Funded with deposits of £6,995 and £6,250 over 36 months and 42 months with a merchant bank owned near prime funder.

Private individual

Purchase of Ferrari Enzo @ £635,000.  Deposit of £335,000 with residual value of £300,000. Funded interest only over 36 months with a major clearing bank’s leasing subsidiary.

Steel construction company

Refinance of 2004 truck mounted crane @ £90,000.  Satisfied CCJs. Extension to existing £140,000 credit line, funded over 36 months with a merchant bank owned near prime funder.

Major Flooring Retailer

Purchase of 26 x 2006 new fork-lift trucks @ £145,600. Funded on a repayment profile of one payment followed by 36 with a merchant bank owned near prime funder.

Coach company

Purchase of a 2005 Volvo 49 seat coach. Funded with a £10,000 deposit, three month VAT deferral and £37,000 residual value over five years with a major clearing bank’s leasing subsidiary.

Coach company

Purchase of a new Volvo 49 seat coach. Funded with @ £30,000 deposit over 84 months with a prime Japanese funder.

Private Individual

Purchase of a 2002 Ferrari @ £52,700. Funded on variable rate within four hours with £10,000 deposit over 48 months with a major clearing bank’s leasing subsidiary.

Travel company

Purchase of a 2007 LDV minibus @ £8,750. Husband and wife partnership with recent to historic adverse. Funded with a £1,000 deposit over 36 months with a quoted near prime funder.