Funding Solutions for Business Owners
Wheel alignment equipment is a type of machinery that is used to adjust the angles of the wheels of a vehicle, ensuring that they are parallel to each other and perpendicular to the ground. This improves the performance, safety, and fuel efficiency of the vehicle, as well as reducing tyre wear and tear. Wheel alignment equipment is essential for car garages and mechanics, as it allows them to provide a high-quality service to their customers and maintain their reputation.
However, wheel alignment equipment can be very expensive, costing thousands of pounds to purchase outright. This can be a significant barrier for many businesses, especially small or start-up ones, who may not have enough capital or cash flow to afford such a large investment. That is why many businesses opt for wheel alignment equipment finance, which is a way of spreading the cost of the equipment over a period of time, rather than paying it all upfront.
Wheel alignment equipment finance is a type of asset finance, which is a broad term that covers various forms of financing for business equipment, vehicles, and machinery. Asset finance allows businesses to access the assets they need to operate and grow, without having to own them outright. This can free up working capital, improve cash flow, and reduce the risk of obsolescence.
There are two main types of asset finance that can be used for wheel alignment equipment finance: leasing and hire purchase. Both of these options involve paying a fixed monthly instalment to a lender, who owns the equipment and leases or hires it to the business. The main difference between them is what happens at the end of the agreement.
The process of applying for wheel alignment equipment finance is relatively simple and straightforward. Here are the basic steps involved:
The eligibility criteria for wheel alignment equipment finance may vary depending on the lender and the equipment, but generally, you will need to have a good credit history, a stable income, and a viable business plan. You may also need to provide some documents, such as your ID, bank statements, tax returns, and business accounts.
The alternatives to wheel alignment equipment finance include buying the equipment outright, using your own savings or cash reserves, or applying for a business loan or a credit card. However, these options may not be suitable or available for every business, as they may require a large upfront payment, a high interest rate, or a strict credit check.
The best way to find the best deal for wheel alignment equipment finance is to use a broker like Clifton Private Finance, who can help you compare rates and terms from multiple lenders across our network. We can also negotiate the best deal for your circumstances, and guide you through the application process.
In need of wheel alignment equipment 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!
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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.
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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.
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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.
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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.
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