|Our asset finance team have seen a large increase in leisure, caravan and marine deals over the last 6-months as customers are embracing the “holiday here this year” concept.
I was recently speaking to a long term commercial customer for his annual anniversary call. During the call I mentioned how we now offer finance for leisure assets like caravans, as well as cars. The customer replied that they were looking to purchase a caravan and he had a quote around 6% – 7%. We simply asked the customer if they would give us a chance to beat the quote.
Smartline Asset Finance wrote the deal at a 3.71% saving the customer around 3% in annual interest.