Following on from our first 2 articles this month on stocking finance, we explore why it helps with the purchasing of new stock.
Obtaining credit from a bank can be challenging and time-consuming. At NGI Finance, we are committed to providing a superior service compared to banks. We tailor our stocking finance solutions to meet the unique needs of each business, dedicating more time to each application and responding much faster, saving you time, money, and stress.
Whether you need to pay off existing stocking finance or purchase new stock, we are here to help. At NGI Finance, we offer customised solutions that are straightforward and easy to understand for motor dealers across the UK.
Key Benefits of Taking Out Stocking Finance with NGI
One significant advantage of our vehicle stocking finance is that it helps you build up an equity position with your stock. In addition to tailoring loans to your business, our stocking finance options offer numerous benefits.
Simplify Accounting
Unlike traditional stocking finance options that offer an ongoing line of credit similar to an overdraft, we provide a one-time cash loan upfront. This approach makes it easier to assess, budget, and manage your cash flow.
Increase Flexibility
Our vehicle stocking finance offers the flexibility to allocate your finances as you see fit. Whether you want the loan to complement existing stocking finance, make a one-off payment, or buy new stock, the choice is yours.
If you’re seeking an affordable vehicle stocking finance solution, please call us on 01993 706403 to speak with one of our friendly and experienced advisors.
Alternatively send us an e-mail enquiries@ngifinance.co.uk or send us a message.