Car Unit Finance Stocking
Helping you to access unit finance solutions tailored to car dealerships
/ FCA Registered
Reference: 729876
Who Are Mill Wood Finance?
Since 1999 we have been helping businesses to access bespoke borrowing solutions.
Our Ethos:
At Mill Wood Finance, we provide our customers with the professionalism, courtesy and service that is expected in all parts of our everyday lives.
Our Services
We work for our clients and not the banks that we have relationships with. We take the time to understand our customer's financial requirements and situation, before helping to advise and broker financial products best suited to them.
Finance your forecourt stock with unit stocking
Car unit stocking finance is a specialised commercial finance product designed specifically for car dealerships.
Unit stocking finance enables dealers to stock more cars without needing significant upfront capital, helping to free up funds for other operations.
It also enables car dealers to respond to market changes for demand, helping dealers to scale their stock during peak sales times.
For over 25 years, we have been helping UK businesses to access finance solutions they wouldn’t be able to find on the high street.
We believe in good, honest, straightforward business. By working with us, you’ll have your own broker on the end of the phone rather than going through endless call centres.
If your car dealership is looking to expand with car unit stocking finance, we’re here to help. Our specialty is in putting together compelling business cases for your stock finance requests.
We take the time to understand your car dealership and business, as well as your financial objectives. Lenders will be keen to understand your financial stability and sales volumes. They will analyse your balance sheet, cash flow and track record for sales.
How does car unit stocking finance work?
Firstly, you will enter into a finance agreement with a stocking finance provider. Specialist brokers such as Mill Wood Finance can help you to access the most competitive and relevant lenders, ensuring the terms are right for your car dealership. Your credit limit will be based upon your dealership’s financial health and forecasted sales volume.
With car unit stocking, you have the flexibility to buy stock from a number of sources, not just direct from the manufacturer. The lender will pay the supplier directly, with the stock joining your vehicle inventory.
Payments are often structured around the sale of the specific vehicle. The dealer will typically repay the principal plus the fees and interest.
Depending on the terms of the agreement, a fixed repayment term might be charged after a certain time period even if the car is not sold.