Depending on the type of deal, you’ll get an automated credit decision or a human underwriter reviewing your deal, giving you the best of both worlds. We also have a dedicated LVD team who are on hand to help you get the right decision on exposures over £100k.
Given the size of these deals, there is additional risk, so to support these deals we’ll normally ask for:
- up-to-date accounts and latest bank statements
- management information
- business plans
- rationale for asset purchase
- full asset specification
- current mileage/km/hours (where applicable)
For more information on our credit policy, read our guide.