Non Status Leasing on Cars and Vans
Businesses and Private individuals can increasingly find themselves unable to obtain credit for Contract Hire, Leasing or even Hire Purchase. This can be down to a number of reasons, including New Start Up Business with no trading results, a company established within 2 years with poor trading figures due to a business startup’s, CCJ’s or adverse credit.
Major leasing companies and funders have very strict criteria, there was a time when these big companies would accept just about anyone or anything, but they got stung with massive write off’s and vehicle repossessions. They now like to see positive balance sheets, 3 years worths of payments made on time or even a high credit score that even some millionaires fail to have.
Here at Short Term Leasing Ltd, we have been helping Non Status Leasing customers since 2007, utilising our Short Term Leasing fleet. This way we can help you stay mobile and get to your day to day job to earn money or as a new business its vitally important to have a reliable and smart vehicle to give the right impression to your new customers.
Enquire now for Non-Status Leasing:
Short Term Leasing Ltd do have criteria for Non Status Leasing as follows:
Businesses (Limited Companies and PLC’s)
- Incorporation Certificate
- Business Bank Statements for last 3 months
- Company Registration
- Directors Details with ID
- Management Accounts (On Request)
- Directors Guarantee (If Required)
- Website details
- Previous or other company appointments (if requested)
- Three years or more address history
- Three years employment history
- Applicant must be registered to vote (if applicable)
- Proof of ID inc. Driving Licence at correct address
- Proof of address inc. Utility bill dated within the last 3 months
- Wage slip clearly showing income
- Bank Statements clearly showing income and expenditure.
A credit check is run for both personal and business users. When a business credit check is being done, the Directors of the business will also have checks carried out.
Just complete one of our proposal forms using the highlighted link, tell us you are non-status and our underwriting team will come back to you requesting more information.
We can help!
We can normally help in most circumstances, whether it has been a change of employment, recent divorce has scuppered credit or a few missed payments. So long as we can see that you can afford the car the answer could be yes!
The rates may differ from those advertised but generally if we feel the risk is higher, then we will ask for a larger security deposit. We must make you aware, that failure to pay for the vehicle will result in termination of the contract. If a Direct Debit bounces and it is not settled within 48 hours, we will arrange collection of the vehicle and you will be billed accordingly.
For more information about our Non-Status Leasing and Contract Hire, please call the team on 0330 330 9425
Non-Status Flexible Vehicle Examples*
Short Term Flexible
Non-Status Fixed Vehicle Examples*
Short Term Fixed
Non-Status Short Term Van Lease Examples*
Short Term Vans
Terms may differ to those shown, depending on circumstances