The practical answer
It can help explain the proposal, although it does not replace affordability checks or guarantee approval.
Describe relevant employment, prior businesses, qualifications and experience operating the proposed asset. Link that experience to the company’s actual contracts, customer base and delivery plan.
Provide accurate supporting information where requested. If the director has changed industry, explain the team and expertise supporting the move rather than assuming a strong personal CV is enough on its own.
Commercial finance is subject to status, lender approval and the specific asset and transaction. The right structure depends on the complete circumstances of the business.
What should I do next?
Have the asset details, supplier information and an outline of what the business needs ready. DCF can then discuss the requirement and identify which lenders may be suitable.
Read: New-start asset finance →