Save the £200 documentation fee using our credit line facility

Businesses can now make the most of their annual investment allowance for qualifying capital purchases, and following the recent Budget announcement, companies can also claim 130% of capital allowances on qualifying assets from 1st April 2021 until the end of March 2023*.

Whether you're looking for a new credit line or have an existing agreement in place with us, you can draw from the agreed facility from 1st February to 31st May 2021** and save the £200 documentation fee each time.

What is a credit line? 

A credit line is an agreed facility that can be drawn against to fund asset purchases over an agreed term.

Benefits of credit lines:

  • Both Hire Purchase & Finance Lease solutions
  • No monthly payment until the credit line is in use
  • Flexibility to suit business requirements

Assets we lend against

The following are just some of the assets which credit line funds can be used to purchase:

  • Trucks & trailers

  • Buses & coaches

  • Plant & machinery

  • Agricultural plant

  • Machine tools

  • Material handling

  • Waste management

  • Production & packaging

  • Wheeled assets

  • Cranes

  • CNC machinery

  • Electric vehicles

Asset finance is the lifeblood of a business, it can help with anything from expansion plans to easing cash flow.

  • Enjoy tax efficiency by offsetting interest and charges against pre-tax profits.
  • Both Hire Purchases and Finance Leases benefit from flexible rental profiles.

There’s no need to complicate how things are done.

With us you’ll get common-sense asset finance facilities as well as support throughout the whole process, so you can keep things simple and straightforward.

*Cambridge & Counties Bank does not give tax, legal, regulatory or accounting advice and you should seek your own independent advice before entering into a transaction. The accounting treatment of a particular product is a matter for agreement between you and your auditors.
**Offer extended from 30th April 2021 to 31st May 2021.

Get in touch with us today

    Cambridge & Counties Bank
    Charnwood Court
    5B New Walk
    Leicester LE1 6TE

    Please note this is a postal address and not a branch.

    Email: [email protected]
    Phone: 0344 225 3940
    Fax: 0116 254 4637

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