Why choose Anglo Scottish for vendor finance?
We’ve been helping companies overcome high capital costs and improve their cash flow through vendor finance and vendor leasing for over 30 years.
When you choose Anglo Scottish, you can enjoy:
- Low APR%
- Manual underwriting
- 24-48hr average approval times
- Leading customer service.
Get a vendor finance quote
Choose one of the UK’s most trusted vendor finance providers and start making life easy for your customers today.
Contact usRather speak to an expert immediately?
Call us on 0191 410 4776Secure vendor finance for your business with Anglo Scottish
Step 1
Step 1
Tell us about your business, your customers, and how they could benefit from asset finance.
Step 2
Step 2
We’ll reach out to our panel of lenders to find the best possible lending terms for you.
Step 3
Step 3
We’ll send you the documentation and begin supporting you with low-cost finance.
Step 4
Step 4
Keep a uniform cash flow while your customers benefit.
What is vendor finance?
Vendor finance is a division of asset finance specifically tailored to businesses that sell vehicles, machinery and equipment to other businesses.
Vendor finance provides a facility akin to short-term invoice finance. It enables the businesses’ customers to spread the cost of their purchase, ensuring the seller gets paid up-front in full, while also allowing their customer to benefit from spreading the cost of purchase.
Why choose vendor finance?
Vendor finance has a number of huge advantages for businesses that sell assets with a high up-front cost.
Vendor finance means you receive the full payment upon delivery or install, while also leaving your customers in a better cash flow position to continue their custom.
With vendor finance, you can:
- Support your customers to long-term stability
- Overcome buying objections
- Gain a selling advantage over your competitors
- Establish a uniform cash flow
- Increase overall sales
- Protect your margins
- Earn commission.
What can be financed with vendor finance?
Vendor finance is a flexible facility that can be accessed by a range of businesses in different sectors, but it’s particularly helpful for companies that sell assets with a high capital value, such as:
- Plant and manufacturing equipment
- Construction and engineering equipment
- IT equipment
- Healthcare assets
- Haulage machinery
- Scaffolding
- And more.
At Anglo Scottish, our extensive range of funding partners means we can deliver a range of lending terms that are tailored to meet your business and sector’s specific long-term needs.
Is vendor finance secured?
Thanks to our range of lenders, we can offer both secured and unsecured vendor finance. However, most arrangements tend to be secured – where the agreement’s security tends to be the asset itself.
This means that, during the course of your customer’s repayment plan, your chosen financer will retain an interest in the asset, in case anything goes wrong.
To formalise the security, we typically use legal documents such as a security deed, personal guarantee or a retention-of-title arrangement.
Is vendor finance suitable for small businesses?
Vendor finance is typically associated with larger firms, but smaller companies can also benefit from our vendor loans and leasing arrangements.
Typically, smaller businesses have less resource available to offer their own asset finance to their customers. Using a trustworthy external broker like Anglo Scottish can help increase the business’ financial resilience by reducing payment cycles and ensuring a timely injection of cash.
Why choose Anglo Scottish?
When you choose Anglo Scottish as your vendor finance partner, you can benefit from:
Fast and flexible finance
Our flexible vendor finance packages allow you to access the money you need in as little as 48 hours.
Lending for all credit scores
If your business has a ‘bad’ credit score that is preventing you from securing finance from your usual bank, we can likely still provide the finance package you need.
Enhanced lending terms
We tailor all vendor finance agreements to meet your customers’ needs, with options such as:
- VAT deferrals
- Zero-to-low deposits
- Repayment terms of up to 84 months
- Fixed and variable rates
- Seasonal payment plans
Contact us
Want to find out more about how your business can access vendor finance?
Contact us today to get your quote!
Whether you need an asset finance arrangement to help spread the cost of soft assets like office furniture or hard assets like machinery or vehicles, we can help.
Our diverse portfolio of funders means that we can provide a varied range of finance agreements to suit you and your business – and we can help you get access as quickly as possible.
Need help? Call us on 0191 410 4776