Investec Asset Finance has made changes to its High Net Worth (HNW) Hire Purchase proposition as it marks 20 years in the market.
The update gives qualifying HNW clients more flexibility on balloon payments and clear early settlement terms.
The product is aimed at HNW individuals choosing unregulated agreements, where some consumer protections do not apply.
The enhanced offer allows for larger balloon payments than under the firm’s standard asset finance policy.
Early settlement terms are now transparent, giving brokers and clients a clear and flexible funding option for buying high-end vehicles.
Stuart Hughes, head of broker sales at Investec Asset Finance, said: “As Investec Asset Finance marks 20 years in the market, this enhanced proposition reflects how the business continues to evolve in response to broker and client needs.
“In a specialist area such as high-net-worth vehicle finance, clarity, flexibility and speed are key considerations.
“The inclusion of larger balloon structures and transparent early settlement terms supports clients seeking tailored funding solutions in this market.”
Hughes added: “Investec is focused on helping brokers meet the needs of qualifying clients and complete important purchases in a timely manner.”