HOW IT WORKS
You can take one payment holiday a year of one or two consecutive months. That's up to ten months’ payment holiday over a five year hire purchase agreement. All you need to do is let us know 14 days before your normal monthly payment is due.
FREE UP YOUR CASH FLOW
When on a payment holiday, you can use the time to give your cash flow a chance to recover. We know running a business can be hard and our experts will help you plan your payments.
YOUR FREEDOM AGREEMENT
Any monthly payments you take a holiday from will be added to the end of your agreement. So if you take a three months’ payment break, the same length will be put onto the end of your contract. The payments remain the same price too.
*Terms and conditions apply. Finance is only available for business use where the amount borrowed exceeds £25,000. All applicants must be based in the United Kingdom. The granting of credit is subject to status and must meet certain credit criteria.
The maximum funding period for Scania Freedom is 60 months. Payments must be up to date at the time you give us notice for a payment holiday. Payment holidays are not allowed for the first six months of the agreement. Measured by the anniversary of contract inception date, three regular payments must be made between each group of holiday payments and a maximum of one payment holiday (equating to one or two consecutive months) is permitted per annum. A £295 flat fee is required at the start of the agreement in addition to the standard arrangement fee. Each payment holiday taken will incur an administration fee of £295, plus VAT.
Scania Finance Great Britain Limited, Regus House, Fairbourne Drive, Milton Keynes, MK10 9RG. Registered in England No. 2173954 Registered Office: 55 Baker Street, London, W1U 7EU.
Scania Financial Services
Regus House, Fairbourne Drive, Atterbury, Milton Keynes, MK10 9RG