Trailer firm launches finance division
The family-run Greater Manchester trailer company Cartwright has announced the launch of Cartwright Finance.
The new division is in direct response to the continued growth of the Altrincham company with customers increasingly seeking flexible finance options across all the company’s range of products and services.
Cartwright finance managing Director John Egerton said the new dedicated finance arm is the latest “piece of the jigsaw” in the group’s development, creating a competitive edge for the organisation which has recently announced another record year in turnover and volume.
He said: “The continued expansion of the company and its unique ability to look after the customer for the whole life cycle of the product, from manufacture to disposal, has led to the launch of a dedicated asset finance arm that can offer customers a holistic, consultative approach.
“Ultimately our USP is total flexibility. Our basic DNA is manufacturing but of course Cartwright offers much more and we can provide a ‘joined up’ service for any customer consulting with them personally about their funding aspirations and agreeing a finance solution.
“We are best placed to source and provide the most competitive finance facilities for all Cartwright products and services, based upon the principle of understanding the customer’s business, listening to their specific requirements and delivering the best available solution.
“Unlike many other manufacturers we are not locked in to any particular bank or finance house on an exclusive basis. We have strong and established relationships with our funding panel who we work closely with, so we can match any requirement, whether a customer is looking to own or lease the asset through a hire purchase or lease facility.
“Furthermore, Cartwright Finance can arrange funding for used business assets on structured agreements matched to the clients’ requirements.”
Egerton, who has more than 25 years’ experience in the transport, rental and leasing sector, stressed that Cartwright’s panel of funding partners not only have an appetite for Cartwright’s business, but also its customers asset finance requirements irrespective of the scale of business or opportunity.
The ability to match the right funder and right product with the right customer is a compelling reason for our customers to use Cartwright Finance.
He said: “We have arranged finance for many of our clients on a broad spectrum of assets including a warehouse racking system project, forklift trucks, used and new tractor units, industrial floor cleaning equipment, software licences, hand held proof of delivery devices and light commercial vehicles.
“We are also able to raise working capital for our clients by structuring a refinance facility for assets that the client owns. This method of finance can be more cost effective and less onerous than a business loan or overdraft.”
