series of 4 year hire purchase agreements worth €273,000
(gross value €320,000), for the acquisition of five HGV units by
Tonbridge based T&T express deliveries (T&T).
T&T, which has used HSBC equipment finance to make
acquisition arrangements in past, is a banking customer of HSBC and
so, according to Brian Wilkins, had very little difficulty in
securing the finance.
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“We played the field in terms of finance companies”, said
Wilkins, “and HSBC came out at the top. We went directly to them
with the specifications, and they already knew our accounts, so
they quickly arranged the hire purchase. It’s been extremely easy
for us”
Separate four year agreements have been made for each of the
three Iveco vehicles chosen by T&T from local dealer Stormont
Truck & Van, as well as for a Mercedes and a Daf unit purchased
elsewhere. The terms have been written to start in a staggered
sequence over a six month period.
The purchases, fronted by the enormous Stralis Active Time
tractor unit, will include the first Iveco additions to T&T’s
15-strong CV fleet.
