Extensive Experience in Motor Sport Finance and Race Car Finance.
Motorsport Finance
Looking to finance your next race or track car?
We have a passion for Motorsport and love to help teams fund the race cars and equipment they need to compete.
From local Club Motor Racing to International competition at the highest levels, from Snetterton to La Sarthe, we can tailor a finance package to suit your requirements.
Coates Finance can help you finance cars such as;
- GT cars, including GT3, GT4, GT5, Cup, LMGTE-PRO.
- Rally Cars
- Single seaters including Formula Ford, Formula Renault, Formula 4, Formula 3 and Formula 2.
- LMP Cars including LMP3, LMP4
We offer various motorsport financing solutions that will allow any team to benefit from the latest equipment whilst spreading the cost over one or more racing seasons..
We also specialise in financing the ancillary equipment required to ‘Go racing’.
- Pit lane equipment, Lifts, Ramps
- Tyre fitting equipment, corner weighting
- Pit wall equipment, telematics
- Radio and Communications equipment
- Motorsport Hospitality Units
- Race Car Trailers and Trucks
We are a friendly and approachable team that can help.
Talk to us to learn how we can help you to finance your race car today.
If you’re looking for finance for a new/used race cars or other equipment, complete the short form below to request a call back or call us today.
Call Us Today for a FREE No Obligation Quote: 01904 948008
Reap the Benefits
Push your team to the front of the grid with our Motorsport Financing.
Finance all your Motorsport needs with Coates Finance
Motorsport is an addictive sport but sadly it isn’t the cheapest sport to compete in. Once a new season gets underway, running costs can quickly swallow up the biggest budgets.
Whether you’re competing in club car racing or international motorsport – our finance solutions can help you spread your racing costs over time and let you keep precious cash in the bank for those unforeseen incidents.
Leasing allows you to spread the cost of your race car over the seasons you’ll be running it. If you’ll be racing a car for 2 or 3 seasons – why not pay for it over the same time span?
Coates Finance motorsport leasing offers distinct tax advantages over a cash purchase; In effect the team ‘rents’ the car or equipment through the duration of the lease allowing it to write the costs off against tax. Title can be purchased at the end of the agreement.
Race Car Finance Deals
Race Car finance solutions from the UK's leading Asset Finance Provider - Coates Finance
Get costs covered, and finance your new cars so you can efficiently run your business
With access to capital for up-to-date vehicles, you can keep your business operations running smoothly.Â
Motorsport Finance Options:
- Hire Purchase
- Hire Purchase with Balloon
- Finance Lease
- Residual Value Lease
- Sale and Lease Back.
We offer a number of personalized funding solutions for cars
Auto Sport Finance for Team Owners
Hire purchase allows you to obtain cars your business needs and pay for it in increments over a negotiated period.
At the end of the agreed-upon time, you will be offered the option to purchase the asset.
A finance lease works like a loan agreement that allows you to acquire the cars your business needs without having to buy them outright.
Coates arranges for a funder to purchase the assets your business needs for you and lease them back to you over a negotiated time period.
An operating lease is an agreement that allows your business to use and operate equipment and machinery without committing to ownership.
The agreed-upon rental term of an operating lease is typically shorter than the life of the asset.
Asset Refinance is an ideal solution for your business if you also use heavy equipment, plant machinery or vehicles.
Also known as a sale and leaseback agreement, this finance solution allows your company to sell existing cars in return for working capital.
This enables you to still use your assets by leasing them back from us whilst freeing up cash for other purposes.
Secured commercial loan
A secured business or commercial loan is a loan secured against an asset of the borrower, giving them the working capital they need right away.
Unsecured Business Loan
An unsecured business loan allows businesses to obtain essential vehicles without collateral.
Call Us Today for a FREE No Obligation Quote: 01904 948008
Let's Get Started
All you need to do is complete the form and submit your inquiry to get your no obligation quote today
- Partner with one of the UK's leading asset finance providers
- Get sector specific solutions from the "smartest people in the finance industry"
- Apply in minutes and get a preliminary decision within the hour
- Access funds from £2000 - £500,000
- FREE tailored quotation with no obligation