Motorsport & Classic Car Finance
Specialist finance products catering for Classic Cars, Race Cars & Equipment.
Motorsport financing serves as a vital lifeline for individuals and teams passionate about engaging in the exhilarating world of competitive racing. From amateur club racers to professional manufacturer-backed teams, the multifaceted nature of motorsport demands substantial financial investments. This is where motorsport financing steps in, providing a tailored solution to the financial challenges inherent in this dynamic field. Whether it’s acquiring race cars, trailers, transporters, or pit equipment, motorsport financing offers a pathway to access these essential assets without incurring the immediate burden of full upfront costs. By spreading expenses over manageable monthly payments or structured loan terms, participants can focus on honing their skills and achieving success on the track, knowing that their financial needs are being effectively managed.
Furthermore, motorsport financing has evolved from being a niche market to a well-established and accessible avenue. Traditionally regarded as a specialist area with limited options, motorsport financing now encompasses a range of innovative approaches that cater to different levels of involvement. Private banks, lending institutions, and specialized financiers collaborate with motorsport enthusiasts and professionals to devise competitive and flexible financing packages. These arrangements often include the provision for balloon payments, deferred payments, and equity release from existing assets. As a result, the motorsport community benefits from a diversified range of financial tools that empower them to chase their racing ambitions with financial confidence, ensuring their focus remains firmly on the fast-paced action of the track.
What Can be financed?
- 1
Race Car & Classic Car Finance – You have the flexibility to secure financing for race cars of any type or age. Additionally, there’s an option to unlock equity from your existing race cars, providing you with funds that can be allocated towards other projects.
- 2
Transporter Finance – Whether you require race transporters, hospitality units, or single car trailers, our offerings encompass the financing of these assets. This allows you to distribute the expenses through manageable monthly payments.
What are the finance products availabe?
- 1Hire Purchase – Hire Purchase stands as the most commonly employed financing method. Upon the fulfillment of all payments, ownership of the car is transferred to you.
- 2
Balloon Payment HP – Utilizing hire purchase with a balloon payment permits you to defer a specific portion of the borrowing until the conclusion of the agreement.