8 MG3 SE Hybrids. One Growing Driving School. Fully Funded
Where it left the business
We secured funding at an attractive 9.9% APR to fund the acquisition of 8 new MG3 SE Hybrid cars that will be available for the brand new registration plate on the 1st September. These vehicles will be available to driving instructors across the country shortly and the delivery costs have been factored into the deal to allow for quick organisation.
Supporting facts
The ambition
When you are growing a fleet, making smart vehicle choices is essential. Getting the mix between reliability, cost effectiveness, user comfort, tax efficiency and availability all play a large part. When a national driving school recently approached us to support the growth of their fleet we knew we had to tick these boxes.
How the finance was structured
Our Managing Director, Arran Turner, personally oversaw the negotiation with MG to secure strong manufacturer discounts for the purchase of these vehicles and ensured that the requirements of the driving school, including Dual Controls and their branded livery is included in one finance package alongside the car.
What it made possible
We secured funding at an attractive 9.9% APR to fund the acquisition of 8 new MG3 SE Hybrid cars that will be available for the brand new registration plate on the 1st September. These vehicles will be available to driving instructors across the country shortly and the delivery costs have been factored into the deal to allow for quick organisation.
Client details are anonymised. Figures are the facility terms published for this case; lenders make their own credit decisions and every case is assessed individually.
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