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Asset finance enables
companies to obtain funding for the purchase of assets they need to
run and grow their businesses successfully. Paying cash outright for
capital assets can be a significant drain on your company's working
capital. With asset finance you will ease your cash flow through
regular payments over an agreed period of time. Funding is available
for computers, software, new and used
cars, coaches, light and heavy commercial vehicles, plant, machinery
and office equipment.
Asset
finance enables companies to obtain funding for the purchase of assets
they need to run & grow their businesses successfully - by way of hire
purchase, lease purchase & leasing. With asset finance you can borrow
from £10,000 up to £10,000,000.
Rather
than suffering what could be a significant drain on your working
capital through an upfront lump sum payment when you purchase the
asset, you will ease your cash flow through regular payments over the
agreed period of time of your asset finance arrangement with the
Lender.
Benefits of asset finance include:
Assets and capital
equipment are financed from revenue as you put them to work
Asset finance rates can
be as competitive as or even better than bank funding rates
Asset finance does not
tie up working capital or stock funding
You benefit from the full
use of the asset without having to pay all upfront
Fixed rates are available
- making budgeting easier
Depending on the
situation you may benefit from tax advantages.
Leasing can involve low
initial outlay
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