Settlement Figure
Settlement Figure
If you want to pay off your finance agreement early you’ll need to call us to request a settlement quote, on 01377 258067
We will confirm in writing the amount required to settle your agreement in full.
This quote will be valid until the next payment date.
Important – Please read if your agreement is a lease
You are reminded that Catfoss Finance Limited retain full title to the goods and you, as the lessee, have no title to or right to sell the goods.
In order to satisfy current VAT legislation the goods must be sold to an independent third party.
Should you decide that the goods are no longer required you should inform us as soon as possible and before any marketing of the goods takes place.
As soon as a potential purchaser is identified we must be advised immediately of the full proposed sales price together with the name and address of the purchaser.
Should the price and purchaser be acceptable a sales invoice will be raised for the full sales amount + VAT at the current rate. The goods shall remain the property of Catfoss Finance Limited until the full gross invoice amount has been received in cleared funds.
Upon receipt of the full sales amount any surplus due back to you after deducting the terminal rental, retention and any outstanding charges will be forwarded on within 7 working days.
Should the agreed sales price not cover the terminal rental, retention and any outstanding charges we will advise you of the required amount as soon as possible. We will be unable to pass title to the goods until this has been received by us in cleared funds.
Giving business the credit it deserves
Giving business the credit it deserves
Address
Catfoss Finance Limited
Elite House
Spellowgate
Driffield
East Yorkshire
YO25 5UP
Companies House Registered Number: 04218973
Telephone
01377 258067
enquiries@catfossfinance.co.uk
Business Hours
Monday to Friday
from 9am to 5pm