0% Finance Promotion
Another industry supporting business winner from your award winning finance partner.
In 2018 we launched our first 0% Finance Promotion. It was extremely popular with equipment dealers and their customers. Obviously there has to be a time limit on 0% Finance Promotions and the first promotion ran to 31st March 2019.
We are pleased to set out summary information on our new 0% Finance Promotion which runs to 31st October 2019.
Offer your customers short term interest free finance
Promotion Start Date: Immediate.
Promotion End Date: 31st October 2019.
Objective: To help supported Rivermore Asset Finance equipment dealers sell more equipment.
Availability: Available only via supported Rivermore Asset Finance equipment dealers to UK registered Limited Companies and PLCs subject to contract, our approval of supplier and written credit acceptance.
Amount of Advance: Maximum £10,000.00 per agreement.
Term: Choose from 3 to 10 months.
Payment Method: All payments by Direct Debit.
Interest Rate: 0%
Interest Charges: £0.00
Facility Fee: £250.00 per agreement.
Monthly Admin Fee: £0.00
Early Settlement Penalty: £0.00
Option to Purchase Fee: £0.00
Who do we think will like this?
- Your customers who need equipment now and want to spread the cost short term interest free.
- Your customers who might normally pay cash but see an advantage for retaining cash for working capital, or investment elsewhere in their business.
- Your customers who want to utilise their Annual Investment Allowance (AIA).*
- Your customers who want to ease their cash-flow without a long-term finance agreement.
- This facility can be utilised for new or used/refurbished equipment.
- There are no early settlement penalties whatsover.
- Agreement terms can be set to fall within a financial year end simplifying accounts treatment and minimising long term liabilities.
- As well as being a useful facility to offer customers, equipment dealers can utilise this facility for financing RVs. Rivermore RVs and RVs from other finance companies.
Equipment Cost: £7,000.00+VAT over 10 Months. Customer pays 10 monthly payments of £700.00. Its that simple.
(The Full VAT of £1,400.00 and Facility Fee of £250.00 together with the first monthly payment are due at the outset.)
How to calculate your customer quote
It's easy to calculate a customer monthly payment. Just divide your invoice price (Ex VAT) by the number of months (from 3 months to 10 months) and that's the respective monthly payment. Or utilise the online form below:
The Full VAT, the Facility Fee of £250.00 and the first monthly payment are due at the outset.
All payments are collected by Direct Debit.
How to make a proposal with this plan
Please complete the details below and click 'Email Proposal'.
We send credit acceptances by email and will attach the customer agreement in pdf format. Our invoice details are at www.rivermore.com/invoice.
*The Government's Annual Investment Allowance (AIA) can be claimed with all our purchase agreements subject to statutory HMRC rules.
Any questions? Call 0800 978 8386