Finance solutions to suit your company’s budget

Choosing the most appropriate way to fund your vehicle purchase can be a daunting experience, which is why we aim to make the process as simple as possible.  We provide a range of funding solutions tailored to the needs of our clients, making use of either our own book lending facility or our long-standing relationships with a select panel of UK banks.

bus hire purchase, coach hire purchase

Hire Purchase

Straightforward & affordable

This is a straightforward, affordable route to ownership and is the preferred funding option for many operators. At the start of your agreement, you pay a deposit on the chosen vehicle, then throughout the duration of your agreement, you pay the agreed fixed payments until the remainder of its value is repaid. This allows for easy budgeting and the agreement can be adjusted to suit your budget. An optional final balloon payment can be incorporated to reduce your payments throughout the term.

Seasonal Payments

Manage cash flow

A seasonal payment plan that sits alongside your HP agreement can help you manage your cash flow throughout the year. The plan is tailored to mirror your busy and quiet times across the year so that you pay less during the quieter months and pay more during busier periods.

Mistral seasonal payments for buses and coaches
Mistral refinance for buses and coaches

Refinance

Release equity

This option allows you to inject cash into your business by releasing equity tied up in existing vehicles. We will buy the vehicle from you and refinance it back to you over a fixed period, releasing capital for further investment into the company. Ownership of the goods returns to you upon completion of the agreement.

Operating Lease

Lower monthly payments

At the beginning of your agreement, you pay an agreed number of advance rentals in advance. Your monthly rentals are based on the difference between the initial value of the vehicle and its projected residual value at the end of your agreement. Therefore, only a proportion of the vehicle’s value is repaid, which avoids a large initial outlay and keeps monthly payments lower. At the end of the agreement, the vehicle returns to the funder, leaving no residual risk with the operator.

Mistral operating lease

Trusted by bus and coach operators nationwide

We work with public transport operators and private travel companies to supply new and used buses and coaches with a suitable finance option. Take a look at just some of the bus and coach operators we currently work with.

Yellow Buses
Xelabus
HCT Group
Border Bus
D&E Coaches

30+
Years Experience

2,000+
Vehicles Supplied

500+
Operators Assisted