MV Asset Finance will underwrite sales of commercial vehicles on a range of options, including variable rate, fixed rate and operating lease.
Finance will be available on a range of vehicles, including crane trucks, tippers, recovery transporters and dropside trailers, from manufacturers such as DAF, MAN, Renault, Volvo, Scania and others.
The vehicles are built and supplied by MV Commercial’s team at its new site in Airdrie (see link below).
The company says the new division will allow operators to benefit from changes to the annual investment allowance, which increases in January 2019 from £200,000 to £1m a year, and enables 100% tax relief to be claimed on new fleet investments.
Steven Cairns, managing director, MV Commercial, says: “MV Asset Finance will make it easier for businesses to fund purchases of premium vehicles which offer the highest level of specification, providing for maximum driver satisfaction.
“The fact that we’re prepared to underwrite and back the assets we build and supply is proof of our confidence in our product offering.”
MV Commercial also offers a full range of Ready To Go trucks, which will be available under the new finance package.