A limited chauffeur company, established in 2023, approached us to support the expansion of their fleet following a sustained increase in demand. With a strong background in the industry as a former sole trader, the business has quickly grown within the competitive executive travel market.
To keep up with demand and maintain service standards, the client required funding for two Mercedes V-Class vehicles, a key model for chauffeur work.
Highlights
✅ 2x vehicle acquisition to support fleet growth
✅ Financed over 4 years
✅ Funding split across two lenders
✅ Structured to reduce risk to lenders, accessing most desirable deals for the customer
The Challenge
The client required funding for two vehicles simultaneously, which can increase overall lending exposure and complexity when placing the deal with a single funder.
It was important to structure the deal in a way that balanced affordability for the client while also reducing risk from a lender’s perspective. Achieving competitive terms across both vehicles without overloading one lender was a key consideration.
The Solution
We structured the funding across two separate lenders over a 4 year term.
This approach allowed us to spread the lending amount and reduce risk to lenders, making the proposal more attractive to each funder while also enabling access to the most desirable terms available.
The Outcome
Both Mercedes V-Class vehicles were successfully funded, allowing the client to expand their fleet and meet increasing customer demand.
Since November, we have now funded a total of five vehicles for this client, playing a key role in their continued growth.
We continue to support the business beyond the initial funding, with a catch-up planned next month to discuss future plans, such as reducing garage costs by looking into loans to assist with setting up their own garage.
Speak to our Finance Specialist…
Robyn Rawling
Account Manager
Mobile: 07592 503 477
Office: 01908 039 489