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REGION: UNITED KINGDOM
Asset Financing

Automotive and Transport Industry

The automotive and transport industry is a core part of the economy. For businesses in this sector, keeping up to date with the latest technology and equipment is the key to success. But this can be costly and have a significant impact on cash flow.

Asset financing for the automotive and transport industry will allow your business to acquire the latest equipment, without exhausting your cash reserves. You’ll also be able to scale your business quickly when needed, and effectively avoid costly downtime.  

 

Our finance experts have broad knowledge and experience of asset financing for the automotive and transport industry. This allows them to find a financing solution that meets your needs and will benefit your business throughout the lifetime of your assets.

We understand that businesses in the automotive industry have unique finance requirements for specialist equipment and technologies. We invest time and effort into our asset finance products so you can spend more time worrying about the things that truly matter to your business.

The CHG-MERIDIAN Approach to Asset Finance for Automotive and Transport Sector

At CHG-MERIDIAN, we provide technology leasing asset financing solutions for businesses working in the automotive sector, including IT equipment and the industrial equipment needed to manufacture, maintain, and store vehicles. 

As experts in the leasing of the latest equipment and technology for the automotive and transport sector, we can offer bespoke financial models designed around your specific volumes, helping to simplify cost control while reducing investment risk.

Independence

We are fully independent of all manufacturers and banks. This allows us to provide our customers with individual, neutral advice, and guidance. And, because we support our customers in the automotive industry with an external view, we can offer a truly non-biased opinion.

Sustainability

In our quest for a carbon neutral world, we wanted to do more than just provide basic asset finance solutions. That’s why we’ve developed our own carbon-neutral asset financing solution, carbonZER0.

Global Reach

We operate on a truly global scale, reaching 28 countries around the world. This means we can deliver asset finance solutions on an international scale.

Innovation: TESMA®

Our online asset and contract management system, TESMA® gives you full transparency over assets including every single material handling vehicle and technology we have supplied, and the related service data. Whether you use it to monitor asset usage, servicing, and maintenance records, or keep track of invoices, operating costs, and contract deadlines, it will provide 100% transparency throughout the financing term.

Benefits of Technology Financing with CHG-MERIDIAN for the Automotive Sector

Technology leasing with CHG-MERIDIAN offers a number of benefits, including:

Lower total cost of ownership

The amount paid over the lifetime of your assets will typically be lower than the capital cost of the manufacturing equipment.

Cost management

Spread the cost of your assets over their useful economic life, rather than having to invest a significant amount of capital upfront.

Scalable

With our asset financing solutions for the automotive and transport sector, you can scale your equipment and technology needs up or down as needed. This is particularly useful if you experience cyclical revenue.

Lower maintenance costs and reduced downtime

With a regular refresh cycle in place, you can rest assured that your equipment is fully up to date and, as a result, is unlikely to require maintenance. This not only reduces repair costs, but also reduces the risk of downtime, which can be incredibly costly.

Stay one step ahead

It’s vital that your business stays up to date with the latest developments in technology. Asset financing allows you to do that without the cost of constantly buying and replacing equipment.

TESTIMONIALS AND CURRENT CUSTOMERS

MAN Logo
MAN Truck & Bus

MAN Truck & Bus was looking to roll out a mobile solution to their employees that would lower their IT operating costs and give their employees unrestricted, secure access to a mobile workspace. Via CHG-MERIDIAN's Enterprise Mobility Asset Finance Solution, all of this is possible. 

Read the full story
Autotorino logo
Autotorino

Autotorino were seeking a solution that enabled them to be more flexible with their IT assets to meet the needs of a continually changing market. By using CHG-MERIDIAN’s Enterprise Mobility Asset Finance Solution, a transparent and scalable solution was found.

Read the full story

What Assets do CHG-MERIDIAN Finance?

We provide flexible asset financing for a diverse range of assets to be used in the automotive and transport industry, including:

 

  • Laptops
  • Smartphones
  • Desktops pcs
  • Tablets
  • Scanners
  • Data Centres
  • Printers
  • Software
  • EPOS Equipment
  • AV Equipment
  • Servers and Storage
  • Forklift Trucks
  • Automated Guided Vehicles (AGVs)
  • Pallet Trucks
  • Conveyors
  • Load Carriers
  • Reach Trucks
  • Sideload Trucks

We also provide asset financing for a range of other sectors, including manufacturing and IT asset financing.

Get in touch

To find out more about our asset financing solutions for the automotive and transport industry, please get in touch. Complete the short form below and one of our experts will get back to you.

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