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Driving School·Asset Finance

Fleet Vehicle Financed to Support Driving School Expansion

Where it left the business

Funds released within 3 weeks, allowing the business to onboard a new driver, expand its fleet and increase revenue capacity.

Supporting facts

Facility Amount
£16,774.58
Term
36 Months
Rate
12.8
Time to Fund
11 days

The ambition

A driving school needed to expand its fleet in order to take on a new instructor and grow tuition capacity, but wanted a structured payment plan that kept monthly costs manageable while the additional revenue built up.

How the finance was structured

Sourced hire purchase funding for a new Hyundai Bayon Tech Line 1.0, structured over a 36 month term with an £8,000 balloon payment to reduce the monthly cost to £373.03, giving the business a predictable, affordable repayment profile.

What it made possible

Funds released within 3 weeks, allowing the business to onboard a new driver, expand its fleet and increase revenue capacity.

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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Related Services

Asset Finance →Business Loans →Invoice Finance →

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Kacper Materek, Fleet & Mobility Finance Specialist at Sorbus Finance

Kacper Materek

Fleet & Mobility Finance Specialist

Fleet, car rental, driving schools, coaches and vehicles

Profile

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  1. STEP 1

    A conversation with a broker

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  2. STEP 2

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  3. STEP 3

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  4. STEP 4

    Documentation

    If a lender offers terms and you accept, we help coordinate agreements and payout paperwork with you.

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Client journey

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