Flatbed Truck Leasing
Flatbed truck leasing and finance specialists providing an all-in-one solution for you to find and finance your next flatbed truck. As industry experts we have perfected a simple and efficient process to either help source your truck and /or provide a finance package alongside. Save your cash without having to comprise on obtaining an asset that is key to your business. Whether you are in transportation, construction or general manufacturing, flatbed trucks are vital to any fleet operation.
What is a flatbed truck?
An essential asset to many businesses, a flatbed truck is a large commercial vehicle with a flat body used for easy loading and unloading of goods. Often used to transport heavy machinery or equipment. Flatbed trucks have no sides or roof which is great for maximising space and versatility. They can be kitted out with all the necessary accessories such as tow bars, toolboxes or light bars. Most models now have GPS tracking and theft alerts which is perfect for fleet management.
Highly secure deadlocking cab doors for extra security. Both DAF and Iveco are popular makes and provide a wide range of different specifications to choose from. The Mercedes Sprinter is another award-winning vehicle which competes against Ford Transit and Volkswagen Crafter. The Mercedes Sprinter has a wealth of body types to choose from. There are four body lengths to choose from and three heights: including the crew cabs, chassis cabs, chassis crew cabs and dropside bodies. The Mercedes Sprinter also comes as an electric vehicle known as the Mercedes eSprinter, considering an electric vehicle? Check out our electric vehicle finance page here!
Whether you are looking for an articulated or rigid flatbed truck, we have the supplier relationships to source new and used flatbed trucks to suit your requirements. There are different finance agreements available: Finance Lease, Hire Purchase and Business Contract Hire. Each with their own advantages, we can help advise on which option is best for you.
Why Use HAF?
As industry leaders in the asset finance industry, we have a dedicated team that specialise in hard asset finance. Partnering alongside suppliers and providing direct finance to customers. We can provide leading rates, professional advice and connections to some of the best suppliers and manufacturers of equipment and vehicles. Saving you time and effort by delivering an all-in-one solution. Perfect for any business looking to acquire hard assets in the most affordable way possible.
The sectors we specialise in include commercial vehicles, manufacturing equipment, plant equipment, machinery, construction vehicles and agricultural machinery/vehicles.
Financing hard assets provides finance companies with good security as the assets tend to retain value for many years, even at the end of their lease. This combined with our access to a diverse portfolio of funders means we can provide you a bespoke and affordable finance option.
Key points
- We can source your vehicle
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Offer a range of flexible
finance options - Provide industry leading rates
- Both new and used vehicles
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Offer years of industry
experience
Benefits of Flatbed Truck Leasing & Finance
Asset finance is most commonly used to acquire hard assets. A hard asset is a tangible/physical asset with fundamental value that are normally held for the long term. Like recovery trucks they are often key to the businesses operations but are expensive in value. These are two of the key reasons why most businesses look to use a hard asset finance facility. There are also a range of benefits that come with this option:
Protect Cash Flow
Keep cash in the business and invest in areas that will produce a return on investment. Obtain the vehicle that is necessary for your business with little to no upfront cost.
Fixed Repayments
Perfect for financial planning and selecting a finance package that is affordable for your business.
No Large Upfront Cost
No need to invest large sums upfront, however this is an option if you wish to reduce monthly payments.
Quick Access
If you need a recovery truck urgently but don’t have the immediate cash available, finance allows you to obtain the asset immediately without having to wait for the cash reserves.
Access to Higher Spec Vehicles
No need to compromise on the vehicle you select. The difference in a newer or higher spec vehicle can often be a very small increase in monthly payments.
HAF Finance
Here we have the four agreement types used for recovery truck finance and all hard assets. Here at HAF, we will guide you through all options and help you select the most suitable for your business.
Finance Options
Hire Purchase
Hire Purchase (HP) are monthly rental instalments where at the end of the term you have the option to purchase the asset outright or simply return it. Payments can be structured to align with your cash flow which could mean a small upfront payment or larger to reduce monthly payments.
Finance Lease
A finance lease is a leasing agreement which involves renting the asset over an agreed period of 1-5 years. A popular method due to the significant tax advantages. At the end of the agreement, you have four options: Hand the asset back to us at HAF, purchase the asset outright, continue paying the monthly payments or take out a new lease.
Operating Lease
An operating lease is an agreement to use and operate an asset without the transfer of ownership. Often used for high value assets, the rental is at an agreed rate and time period. The rental will not cover the full cost of the asset, therefore at the end of the agreement a residual value is offered by the funder which allows you to buy the asset minus the lease rentals paid so far.
Business Contract Hire
Business contract hire is a popular finance option used for company cars. The vehicle is leased over an agreed period from 2-5 years. At the end of the agreement, the vehicle is handed back to the finance company. A simple agreement often used for brand new vehicles, sometimes used with no upfront fee just monthly instalments.
Types of Trucks
