How Principal Business Finance Helped a Client Secure 7.5% APR in Just 6 Hours Beating the Dealership’s 11.9% APR Offer

When it comes to buying a commercial vehicle, many businesses are unaware they have options beyond the dealership’s standard finance package. One recent case at Principal Business Finance Ltd highlights exactly why speaking to a broker before signing on the dotted line could save you thousands.

We helped a client secure a 7.5% APR vehicle finance agreement, beating the dealer’s 11.9% APR offer, and we did it in just 6 hours.

Here’s how we did it, and why businesses across the UK are turning to brokers like us for smarter finance solutions.

🚘 The Problem: Dealership Finance at 11.9% APR

Our client, a small business owner, had just selected a new commercial van for their fleet. As part of the process, the dealership offered them a pre-arranged finance deal at 11.9% APR, a rate that seemed “standard” and was encouraged by the sales team for speed and convenience.

What the dealership didn’t mention:

• Their rates are often marked up for additional profit

• They only work with a limited panel of lenders

• Their finance offers are pre-structured with little flexibility

• They often don’t explain alternatives such as hire purchase with balloon payments or variable terms

Luckily, the client reached out to us before signing.

⚡ The Solution: A Smarter, Cheaper, Tailored Deal; Fast

At Principal Business Finance, we acted immediately. Within just 6 hours, we had:

• Reviewed the client’s business details and affordability

• Compared rates across our panel of over 100 UK lenders

• Recommended a hire purchase agreement with no hidden fees

• Secured a formal approval at just 7.5% APR

We also structured the monthly repayments to better match the business’s cash flow — something the dealership hadn’t even asked about.

⏱️ Total time from enquiry to approval: 6 hours.

💷 Total estimated savings over the term: £8,000+ in interest alone.

💡 Why Dealership Finance Isn’t Always the Best Option

Dealerships make finance “easy,” but convenience can come at a high cost. Here’s what they often don’t tell you:

❌ Limited Lender Options

Dealerships typically use just 1 or 2 partner lenders, meaning you’re only getting a small slice of the market and rarely the best rate.

❌ No Flexibility

They offer set terms with little room to structure the deal to your needs no payment holidays, seasonal terms, or balloon payment options unless pre-packaged.

❌ Commission-Based Selling

The dealership’s focus is often on earning commission, not finding you the best or most affordable solution.

✅ Why Use a Broker Like Principal Business Finance Ltd?

At Principal Business Finance, we work for you, not the lender. Our role is to get the best possible outcome for your business.

Here’s what makes us different:

• 🔍 Whole-of-market access – Over 100 trusted lenders, including high-street banks and specialist vehicle finance providers.

• 📞 Direct broker-only contact points – We don’t sit on hold; we speak to decision-makers and underwriters directly to fast-track applications.

• 🛠️ Tailored finance structures – Need a balloon payment? Seasonal repayments? Early settlement options? We structure it your way.

• 🕒 Rapid turnaround – We move quickly. This client had an approval in under 6 hours.

• ⭐ Five-star service – With over 50+ verified 5-star reviews, we pride ourselves on service, speed, and strategy.

🧾 Final Thoughts: Always Compare Before You Commit

Dealership finance may seem quick and easy but it’s rarely the best deal. If you’re buying a van, truck, or equipment for your business, make Principal Business Finance your first call.

You could save money, gain more control over your repayments, and get your finance approved even faster than the dealer.

📞 Need vehicle or equipment finance? Contact us today. One quick call could save you thousands. Contact us on 01604217998, email info@principalbusinessfinance.co.uk, or enquire here.