Fuel Tanker Finance: Helping a Family Business Secure £100k with a Market-Leading Rate

At Cornerstone Commercial Finance, we pride ourselves on efficiently arranging finance to allow our customers to acquire the business assets they need as quickly as possible.

When a long-standing independent family business came to us looking for finance for a fuel tanker vital to their day-to-day business operations, we made sure we secured them a market leading rate and had the agreement quickly put in place in time for the vehicle delivery.

Understanding the client’s needs

The client required finance for a £100,000 fuel tanker for their independent fuel supply business. They had secured the asset with the supplier and needed the finance arranged in time for delivery. They wanted to put down only the VAT as a deposit to minimise the upfront cash required, and a term of 4 years to keep the repayments low.

Competitive rate and efficient turnaround

The company’s strong financials and long-standing success allowed us to secure them a market leading rate. This kept their monthly payments low to support cash flow and ensured they received the best possible value over the term of the agreement. We worked closely with the customer and the supplier to ensure we received all required documentation as quickly as possible in order for the tanker to be delivered without any delays. Our team and the lender both worked swiftly to ensure the finance was in place within the week.

If you are considering financing or refinancing assets for your business, we have the expertise and connections to help you secure the best possible deal. Whether it’s for machinery, equipment or vehicles, our team at Cornerstone Commercial Finance is here to support your needs.