Real deals arranged by CW Asset Finance, the broker behind Groundcare Monthly: what the business needed, what made it tricky and how it was funded.
Members golf club, Chippenham
Used John Deere 2653B PrecisionCut trim mower
The club wanted a professional machine without paying new money, and to choose its own deposit. We placed it with the first of two lenders to come back, and the club put down £10,000 so the monthly figure suited its budget.
Read the full case study on CW Asset FinanceGolf club, Ryton
Used Toro GR3420 triple greensmower
The club had an old machine to dispose of and wanted the cost spread before the season. The trade in came off the amount financed, reducing the interest paid, and was documented as part of the deal so the VAT was handled properly.
Read the full case study on CW Asset FinanceEvery application is assessed on its own merits and all finance is subject to status. These are past outcomes, not a guide to what any other business will be offered.
Example, not a real customer
A country estate maintenance team. Used 40hp compact tractor with front loader.
Five years keeps the payment steady and suits a machine that will work for many years. The tractor and loader go on one agreement with one payment.
Worked out at an illustrative fixed rate of 9.9% a year. Total payable £30,909 including the VAT deposit.
Example, not a real customer
A grounds maintenance contractor with council contracts. Used out front rotary mower.
Lenders can sometimes shape payments around the season, with less to pay in winter when the grass stops growing. This example shows level monthly payments.
Worked out at an illustrative fixed rate of 9.9% a year. Total payable £23,349 including the VAT deposit.
These examples are illustrations to show how the finance works. Your rate, deposit and term depend on your business, the machine and the lender, and all finance is subject to status.