Save with our competitive finance solutions
Did you know that our Finance Representatives can provide competitive finance solutions for non-machinery purchases?
From a van to a biomass boiler, we can provide you with a selection of finance quotes to give you yet more choice in how you fund your larger purchases through our relationships with a selection of finance providers.
Contact Emma or Katie for a no-obligation quote to see just how flexible our finance packages are.
We can finance:
- Vans
- Machinery purchases from other suppliers
- Biomass boilers
- Technology & entertainment purchases
- and more - ask us for more details.
At Lloyd Ltd we understand the importance of matching your purchasing plans with the investment approach of your business, which is why we offer flexible finance solutions to suit your individual requirements.
Our Finance Representatives work with a selection of finance providers to give you a competitive quotation to the terms and monthly payments you require.
They can visit you at your place of business to go through the options available and help you identify the most appropriate solution for your needs.
Before you decide how to fund the purchase of your goods, it is important to consider all the options available, so that you can confidently choose the best finance option to suit your needs.
We want to make sure that we offer you all the help you need to make the best choice for you, including explaining which types of finance are available for your proposed purchase.
Your options when it comes to financing your purchase at Lloyd Ltd:
- HIRE PURCHASE
- Hire Purchase (HP) is the traditional way to finance your purchase. You pay off the entire price of the goods through a series of monthly payments. At the end of the contract period the goods become your property on payment of the option to purchase fee.
- FINANCE LEASE
- Finance Lease (FL) payments are evenly spread across the agreed repayment period and you are committed to paying all of the rental payments. With FL the VAT is paid over the life of the contract and not up front. FL also provides you the opportunity to pay ‘peppercorn’ rentals after initial agreement ends as per the contractual terms or act as an agent and sell the asset.
- OPERATING LEASE
- An Operating Lease (OL) is like renting, a business can lease assets it needs to operate. It’s a contract that allows for an asset's use but does not convey ownership rights of the asset. These leases allow businesses to use the asset without incurring the high expenses involved in purchasing it. You must maintain the asset to ensure it remains in operational condition, less any normal wear and tear.
Our Finance Representatives
| West – Carlisle, Dumfries, Lancashire, Penrith:
Emma Fallowfield E: emma.fallowfield@lloyd.ltd.uk T: 01228 517100 M: 07968 746 566 |
|
East – Bishop Auckland, Kelso, Lothians, Newcastle: Katie Jeffrey E: katie.jeffrey@lloyd.ltd.uk T: 01573 227400 M: 07968 746 133 |
Part-exchanges are also welcome to act as all or part of the deposit so our Sales Specialists can provide a valuation to be included as part of the quotation.
Items to be financed must be assets which could be repossessed if payments are not made. Does not include consumable items.
Lloyd Ltd is authorised and regulated by the Financial Conduct Authority for consumer credit activities under FRN 669526 – we are a credit broker not a lender.
For more information
Contact your local Lloyd Ltd branch to learn more about our finance solutions.