Specialist
Car Storage Lift Finance
For buying and refinancing
Car Storage Equipment
For buying and refinancing
Car Storage Equipment
Car Storage Lift Finance is a type of asset finance that allows you to purchase or lease equipment and vehicles for your car storage business. Car storage is a service that provides secure and convenient storage for cars that are not in use, such as classic cars, sports cars, or cars that are only driven seasonally. Car storage businesses need to invest in various types of equipment and vehicles to operate efficiently and safely, such as:
Car Storage Lift Finance can help you acquire these assets without paying the full cost upfront, which can improve your cash flow and working capital. You can also benefit from tax advantages, flexible repayment terms, and the option to upgrade or replace your equipment and vehicles as your business grows.
There are two main types of finance that you can use for Car Storage Lift Finance: hire purchase and leasing. Both options involve paying a fixed monthly instalment over an agreed period, but they differ in terms of ownership and responsibility.
To apply for Car Storage Lift Finance, you need to contact a broker like Clifton Private Finance, who can source lenders and organise types of finance for you. You will need to provide some information about your business, such as:
Based on this information, Clifton Private Finance will search for the best deal for your circumstances from a network of lenders who specialise in asset finance. They will then present you with a quote and a finance agreement, which you can review and sign. Once the agreement is finalised, the lender will pay the supplier of the asset, and you can start using it for your business. You will then pay the monthly instalments to the lender until the end of the term.
The eligibility criteria may vary depending on the lender and the type of finance, but generally, you need to have a registered car storage business in the UK, a good credit history, and a steady income.
The interest rates and fees may vary depending on the lender, the type of finance, the value and condition of the asset, and your credit profile. Typically, the interest rates range from 4% to 15% per annum, and the fees may include an arrangement fee, a documentation fee, and a late payment fee.
The main risk of Car Storage Lift Finance is that you may lose the asset or damage your credit score if you fail to make the monthly payments on time. You may also face legal action from the lender or the supplier if you breach the terms of the finance agreement.
In need of Car Storage Lift Finance?
We can help you:
And when we’ve established the best type of finance for you, we will:
Call our team on 0203 900 4322 to discuss your requirements or book an appointment.
I approached Clifton Private Finance to help me get a mortgage as an Expat working in the Far East. I would normally 'cut out the middle man' on something like this and try to get myself a deal directly with the banks, but I am now sold on the broker concept and wouldn't hesitate to use Clifton Private Finance again. There were a number of complicating factors such as being an expat, the stamp duty holiday, the sheer amount I wanted to borrow and the fact I wanted it all wrapped up before the Stamp Duty holiday ended. It is clear to me now that the relationship that brokers have managed to foster with their banks means they can simply pull levers and make stuff happen that us ordinary folk cannot. Put simply, they are worth every penny, will take most of the stress out of the lending process, and seem to have access to deals that you just won't find on the internet. Thank you George and Jan for all your hard work!
James M
Luther was excellent. Very clear in his advice and explanations of products and was able to move things on very quickly when we ran into difficulties with the estate agents. Without a doubt I would recommend Luther to all friends, family and colleagues. Luther was a joy to deal with and took a lot of the stress out of a troublesome transaction, from my end. I would view Luther as real asset to Clifton Private Finance Ltd.
William W
The team at Clifton Private Finance has been outstanding, not only in helping me to obtain a mortgage on a slightly unusual home, but also in continuing to provide support and liaise with the lender and solicitors through to completion. Thank you for making the process of buying my first home much easier.
Chantelle S
Sam O'Neill, and the new lender he identified for me, worked tirelessly together using my time constraints, to make sure my mortgage application was completed on time. They are a brilliant company to work with, fast, efficient, open and transparent from the very beginning, and turned a seemingly impossible situation into a viable one. Sam was brilliant throughout the whole process and I would highly recommend him, and his colleague Helen, to anyone without hesitation, I cannot speak highly enough about them.
Myr B
I was incredibly lucky to find Clifton Private Finance after a search on line as their service has been more than exemplary. My point of contact was Sam 0’Neill and he was happy to help at every stage during the application of the bridging loan, making a stressful process much easier to deal with. He was always available by phone or email and gave prompt answers to queries I had as well as always getting back to me when he said he would. That to me is excellent customer service and I cannot thank him personally or the company enough for the support they have given me.
C Jefferey
Adam cannot thank you enough for all your support throughout this arrangement. You have gone more than the extra mile to support us. Without you we would not have got our dream retirement home. You have been most professional and personable. Liz and I would be more than happy if you wanted to use us a reference with respect to any future clients.
Nigel & Liz K - Bristol
You have certainly shown me that you do everything for your clients, including tolerating their excessive emails and questions for updates. I have been kept in the loop, from yourself, about why the delays were occurring (Nationwide, post etc) which I would like to highlight that I really appreciated. I certainly will be able to recommend you to others as and when the need arises.
Mr Morris
I recently contacted Clifton Private Finance after a Google search for bridging finance providers and was immediately struck by their efficiency and support. Forms were emailed over almost immediately and the necessary finance was arranged within a few days. None of the other companies I contacted came close to their professionalism, and the quote that I eventually received was impressive. Thank you Adam, your help has enabled us to reserve the house that we wanted and I certainly recommend you to others.
Mr M. R. - Oxford
Absolutely brilliant. The service was first class, got everything sorted efficiently and were always friendly. Any fees were negligible compared to the service offered. Robert was particularly outstanding.
Charles N
My advisor, Robert, was very helpful in finding the mortgage to suit me. He kept me up to date throughout the process and dealt with any issues when they arose.
Rowena C
