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Press Release - FCF
 
DANIEL UPTON FINANCES DAKAR SUPPORT VEHICLE THROUGH FIRST CAPITAL FINANCE
 
   
When it came to finding funding to purchase a specially built support truck for the 2006 Dakar Rally, Daniel Upton immediately turned to asset finance broker, First Capital Finance. Having already used First Capital Finance for funding for over £150,000 for specialist equipment for his tree surgeon business, he knew that the company would have the contacts and expertise to organise funding for the specialist vehicle.

The 18 tonne MAN 4-wheel drive truck is one of four support vehicles for the Bowler Spirit team and will actually compete in the Dakar Rally as a fast chase competitor, keeping pace with the team to lend support in the event of a breakdown. The world’s most gruelling rally across the Sahara Desert, will start from Lisbon on the 31st December and over the following 15 days will travel through Morocco, Mauritania, Mali and Guinea.

“Having used First Capital Finance for many years to fund my business equipment, I knew that if any company could find the funding for such an unusual asset as this, it would be First Capital Finance”, said Daniel Upton. “Not only did they manage to obtain the necessary finance in record time, they have once again proved they are the best and most reliable asset finance company around”.

Currently being race prepared for the Dakar Rally, the MAN vehicle will be driven from Verwood to Lisbon prior to Christmas and will come back by sea from Guinea to Cherbourg. A previous participant himself in the Dakar, Daniel will support the five-strong Bowler Spirit by fixing mechanical problems or, if necessary, providing a tow home.

“Many people think that asset finance is purely for cars, but in fact it can encompass almost any asset including unusual items such as this”, says Darren Venton, Business Development Manager at First Capital Finance. “The word “asset” can be used in its widest sense and funds can be secured against virtually any company purchase including cars, machinery, office equipment, computer systems and telecoms.”

Date: November 2005

 

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Capital House, 1084-1086 Christchurch Road, Bournemouth, Dorset, BH7 6DT
Tel: 01202 434000 Fax: 01202 434034
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