Two cars become ten! Asset finance success story

A business owner searching for finance to purchase two new vehicles is unhappy with the options the bank provided them.

They go to Nectar Asset Finance and were able to finance not two, but ten vehicles!

Initial inquiry

John Doe (not his real name) works in the healthcare sector. His business provides critical services to the local community via a fleet of vehicles.

John’s business has been doing well and he needs to purchase more vehicles in order to meet the increasing workload. He figures two should be enough.

The background

John goes to his bank and explains his need for vehicle financing and asks for some assistance shopping around via car dealerships.

Unfortunately, he was unhappy with the response he got. Their finance quotes seemed high, and he was having a hard time finding a dealer that wasn’t applying pressure on him to take their own finance option. John was hesitant to take any of these offers and wasn’t sure who to trust.

The solution

After the bank, John approached Nectar Asset Finance.

We had an in-depth conversation with him, to ensure we understood his business and figure out exactly what he needed.

After our conversation, we came to realise that John’s business didn’t just need two more cars, but actually required at least six.

It was time for us to get to work.

We spoke with our network of vehicle suppliers and were able to source the six work cars. We financed the vehicles on a Low Documentation basis (meaning less paperwork required for applications!) via two different lenders to ensure John got the best deal.

The outcome

• John was very happy with our service and asked us to help him finance another three work cars.
• So…two cars became six, and then nine!
• What’s more – John even decided to use our services to buy a new car for himself and his wife. This new car was financed and delivered, bringing us to ten!
• John now regularly uses Nectar Asset Finance as a one-stop shop. He loves the fact that he doesn’t have to worry about dealers or banks anymore.
• As a returning customer, we now know John’s business very well and are ready to assist each time he needs to replace or purchase a new work car.

“I am delighted with the service Nectar was able to provide me and am now asking for their help with purchasing a car for myself and my wife!” – John Doe

At Nectar, we’ll go the extra mile to help you reach your financial goal and get the right finance for your business and personal life. If you need help with securing finances, get in touch and let us know what you need.