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Sandbanks Asset Finance, Eldon House, 75 Poole Road, Bournemouth, England, BH4 9BB.
We have a first charge on the specific stock that you have loaned against, and a floating charge against the rest of your vehicle stock. This is achieved in the form of a debenture.
The interest is calculated on a daily basis from the day that the money is transfered to your account. The interest stops being paid the day the money returns to our account (with a minimum of 14 days).
Once we have approved the loan you will receive the money on the same day.
This is variable. However generally speaking our facilities start at £50,000 and are then reviewed at least quarterly to see if we can provide further funding if required.
