Finance Your CPL Access Platform: Flexible Solutions for Your Business
Investing in a reliable access platform like the CPL Pick up Mounted MEWP is a major step for any business. That’s why we offer flexible finance options, including Balloon Payment and Hire Purchase (HP), to help you manage costs while growing your business.
Whether you’re a small business owner or a large fleet manager, our finance solutions can make accessing high-quality equipment more achievable. Please note that prices are indicative and may vary depending on any additional accessories or customisation.
Your Cherry Picker Finance Options Explained:
Hire Purchase (HP) — Fixed Monthly Payments, Full Ownership
With a Hire Purchase (HP) agreement, you’ll pay fixed monthly instalments over a set period—typically five years. At the end of the agreement, you will fully own your access platform.
Indicative Breakdown:
- Total Conversion Cost: £70,000 + VAT
- Deposit (10%): £7,000 + VAT
- Loan Amount: £63,000 + VAT
- Estimated Monthly Payments: ~£1,300* over 60 months
*Monthly payments can vary based on interest rates and credit approval. Low or no deposits and extended terms may be possible.
Balloon Payment — Lower Monthly Costs, More Flexibility
A Balloon Payment agreement is ideal for keeping monthly payments lower. A larger lump sum is deferred until the end of the term, giving you the flexibility to pay off or refinance the remaining balance.
Indicative Breakdown:
- Total Conversion Cost: £70,000 + VAT
- Deposit (10%): £7,000 + VAT
- Loan Amount: £63,000 + VAT
- Monthly Payments: ~£950* over 60 months
- Final Balloon Payment: £25,000*
*Figures are indicative and subject to approval.
Partnering with Trusted Finance Providers
For financing your CPL access platform, we collaborate with PMD Business Finance, an experienced provider known in the access industry. Their dedicated team can guide you through tailored finance options. If you prefer working with your own finance provider, you’re welcome to do so.
Why Finance Your CPL Access Platform?
- Preserve Cash Flow: Spread the cost over time rather than a large upfront payment.
- Fixed Monthly Payments: Easier budgeting with predictable expenses.
- Full Ownership: Unlike leasing, financing leads to ownership of your access platform.
- Potential Tax Benefits: Finance agreements may be tax-deductible depending on your business structure.
Ready to Expand Your Business?
If you’re looking to invest in a CPL Cherry Picker while keeping your finances flexible, our finance options can help. Contact us today to discuss your Cherry picker finance options or connect with PMD Business Finance for tailored advice.
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Disclaimer: All figures are indicative and subject to credit approval, interest rates, and individual contract terms. Actual terms may vary based on your circumstances.
