to today's business owner. Here is a list of
popular products and a brief description
of their characteristics
Asset Finance encompasses Hire Purchase and Leasing in their various forms, and enables you to spread the cost of a business asset over a number of years (typically 3 to 5 years).
It can be used to fund a wide variety of business assets, from motor vehicles to computers to plant & machinery. Finance is available for the purchase of new or used equipment, and rates can be very competitive but, like any other form of finance, you need to present your application professionally.
In order to secure the very best rates for our customers on new asset purchases we are happy to waive our commission, and agree a success fee, payable at completion of the deal.
There has been a growing trend in recent years for business owners to raise capital against their existing assets through a “sale and leaseback” arrangement with a funder, and this can be an excellent way of releasing extra cash into your business.
Providing you have equipment that is in good condition, and that there is a strong second hand market, specialist funders will advance up to 100% of the value of the assets, usually over a 3 year term.