Here’s why
At Cambridge & Counties Bank, you won’t find one-size-fits-all lending through frustrating digital portals. You will however, find an experienced frontline team who understand that no two businesses are the same. That’s why we stick our necks out, manually assessing and underwriting only the right deals for your clients. Using our wide market knowledge we support your clients through the application process and beyond.
Types of funding we offer
Hire purchase
Do you have clients that are looking to spread the cost of important capital purchases over time?
Take a look at our hire purchase solution.
Key features
- Tax efficient as hire purchase interest and charges can be offset against pre-tax profits*
- Repayment terms up to 7 years
- Claim applicable capital allowances
- Reclaim your VAT on the capital cost (if VAT registered)*
- Same day pay-out
- Documentation produced by our experienced team
- Credit lines available
Lending criteria
- Borrow up to 100% of asset cost
- Non-regulated deals only
- Balloon payments considered
- VAT deferral available
- Lending up to £1.5m per single asset
- Asset up to 10 years old at the end of the agreement
Finance lease
Are your clients planning to grow and expand their business? Finance lease helps your clients obtain key assets without tying up capital and helps manage cash flow effectively.
Key features
- Receive 97.5% of the net sales proceeds following the sale of the asset and termination of the facility
- Same day pay-out
- Documentation produced by our experienced team
- Tax efficient as rentals can be treated as a business expense and offset against pre-tax profits*
- Credit lines available
Lending criteria
- Minimum deposit of 1x monthly rental required
- Lease terms up to 5 years
- Lending up to £1.5m per single asset
- Non-regulated deals only
*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.
Assets we finance
Agricultural and farming
We finance a wide range of agricultural and farming equipment, including:
Tractors | Balers | Sprayers | Combines | Frontloaders
Construction
We finance a wide range of construction equipment, including:
Excavators | Dumpers | Loaders | Telehandlers | Access platforms | Mobile Generators | Cranes
Commercial vehicle
We finance a variety of wheeled assets, including:
Cars | HGVs | Trailers | Light commercial vehicles (LCVs) | Heavy Commercial Vehicles (HCVs) | Tankers | Haulage and road recovery
Machinery and material handling
We finance a variety of machinery and material handling equipment, including:
Mobile lifting equipment | Waste and recycling equipment | Pallet trucks | Forklifts | Balers | Shredders | Compactors
Specialist car finance
Take a look at the different types of vehicles we finance
Classic cars | Vintage cars | Racing cars | Sports & Supercars
We understand how busy you are and that’s why we want to make things as easy and straightforward as possible.
When you work with Cambridge & Counties Bank, you’ll benefit from:
- an experienced frontline team who’ll assist in structuring the right deal for your client.
- support through the application process and beyond.
- our manual underwriting process combined with our wide market knowledge.
- documentation prepared by us, together with commission paid at the same time as the loan is drawn down.
- our outstanding customer satisfaction scores.
No portals. No complicated forms. No jargon. Just the right resources to help your clients grow.
It’s that simple.
Spotlights
Asset classes
Take a look at our total asset class coverage
We’re in the business of growing business, and our asset finance makes things as easy and straightforward as possible for your clients to get the equipment they need to reach their goals. We will look at hire purchase and finance lease deals that suit the requirements of your client, because we know that one size doesn’t fit all.
Useful documents
The entire process has been shockingly good. I have never had such impressive and impeccable service from a bank before and I would like to give a shoutout to Vicky Pearce who handled my case above and beyond the call of duty. From start to finish all of your staff have been amazing and I congratulate you on your professional service.
Alastair Jessel
Battersea Park Clinic
"It was an absolute pleasure to work with Michelle and Cambridge and Counties Bank on this deal. Michelle truly lived and breathed this with me every step of the way to support this fabulous client. Thank you so much to the wonderful team and Michelle for everything you have done. Together we were truly an unstoppable force!"
Belinda Roughton
Invoice Finance Soutions Ltd
"Nick was incredibly responsive and helpful with a complex transaction. He ensured timely communication with the client and managed the process professionally. The client's goal to complete within a specific time frame was met thanks to Nick and the team. Working with Cambridge & Counties Bank is always a pleasure, reaffirming our excellent relationship."
Paul Debney
Karis Capital
"Your efforts and attitude to help get this over the line have been nothing short of outstanding. This is what sets Cambridge & Counties Bank apart from the numerous other lenders we encounter."
Stuart Oldfield
Platinum Money Ltd
"After a lot of hard work from all sides we have finally completed today… This application has not been the easiest… Your patience, thoroughness and professionalism has been second to none. Thank you again for all your help and support, onwards and upwards to a lot more business in 2023."
Michael Kennedy
PBFC UK Ltd
"I was most impressed with the regular updates and communications and the understanding of our deadline. As a lender, your 'can do' attitude was most refreshing."
Julie Priest
Charles Louis
"Of all the banks I deal with, I have to say the Cambridge & Counties Bank team work tirelessly to get deals agreed and drawn. It is good dealing with a bank who always works to find solutions for clients (and brokers) rather than looking for reasons not to provide funding. It’s very refreshing in the current climate to have someone that understands funding and has the desire to get things done. Once again thanks for your help and support."
Simon Harrison
Flexible Commercial Funding Ltd
"Thank you to the entire team, with all your help we managed to get there, and, in the process, we saved the customer £4,000. Great work guys!"
Alex Churchill
Real Property Finance
"I would like to extend my thanks to all parties at Cambridge & Counties Bank involved in this transaction. There were several challenges to overcome and it was very refreshing to see that the Bank went the extra mile (& then some) to enable this deal to get over the line."
Andy Reynolds
Sterling Capital Reserve Ltd
