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Instant quotes make the purchasing of essential assets easier PDF Print E-mail
Thursday, 18 August 2016
A new instant online quote tool, which makes it easier for businesses to finance the critical assets they need, has been launched by Lloyds Bank Commercial Banking. 

The hire purchase quote calculator allows businesses to receive an indicative quote within seconds without having to complete their details up front.

The calculator, which has been developed by Lloyds’ Global Transaction Banking team, can be used for a range of assets including cars, heavy commercial vehicles, plant and machinery and construction equipment, up to the value of £100,000.

On a desktop, mobile or tablet, customers can get multiple quotes using the calculator and update them by changing the inputs live on the screen to give them the indicative quote. Customers can then specify a time and day for a call back from Lloyds at a time that is suitable for them.

Steve Everett, head of product and proposition for Lloyds Bank Global Transaction Banking, said: “This is one of a number of new and enhanced products that we have been working on at Lloyds to help businesses manage their cash and make the most of their working capital, at home and abroad.

“The hire purchase quote calculator is the only quote tool in the market which is available for such a broad range of assets and doesn’t require a customer to sign in or provide details before receiving the quote. We hope that this will make it easier for customers to get the information they need, when they need it; and ultimately help British businesses to grow further with our support.”

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