Asset Cost: £40,000.00
Deposit: £4,000.00(10%)
Amount Borrowed: £36,000.00
60 Monthly Payments: £822.26
Total Amount Repayable: £49,335.60

Alternative Option
Asset Cost: £20,000.00
Deposit: £2,000.00(10%)
Amount Borrowed: £18,000.00
60 Monthly Payments: £411.13
Total Amount Repayable: £24,667.80

If you borrow £36,000 over 60 months your monthly payment will be £822.26. This is at a representative fixed rate of 14% APR. Total charge for credit: £13,335.60. Alternatively, if you borrow £18,000 over 60 months your monthly payment will be £411.13. This is at a representative fixed rate of 14% APR. Total charge for credit: £6,667.80.

Please note, this is a finance example only. A fixed rate agreement is where the interest stays the same over the length of the whole agreement. These examples are based on VAT paid upfront, however VAT Deferrals are available. Rates differ depending on the asset and individual that is applying. We will work to attain the best deal we can, to suit your needs however as with most finance, acceptance is subject to credit checks, affordability & the appropriate terms & conditions. Yellow Power Ltd are an introducer appointed representative of Alpha Asset Finance Limited who are authorised and regulated by the Financial Conduct Authority (FRN No : 804584)