
Asset Finance
Used to aquire equipment for use in your business without having to find the cash to pay for it up front.
Lease Rental - for equipment costing £1,000+
The leasing company will purchase most types of new equipment on your behalf and rent it to you for between one and seven years. The payments are tax efficient as you may claim back the whole amount as a business expense.
You get the equipment you need without borrowing from your Bank and so leave this credit line free for other uses.
Lease Purchasing
Very similar to rental, but at the end of the contract, you own the equipment.
In both cases it may be possible to include the cost of installation, software, training and maintenance.
Existing Asset Finance
It may, in some circumstances, be possible to raise finance on any asset owned by your company or owned by you personally.
eg plant, equipment and machinery - will generally need to be fairly new, in good condition with a decernable market value. ie a loan is made, repayable over an agreed period and secured against the value of the asset.
Commercial premises and domestic property - Loan made, repayable over an agreed period, secured via remortgage or via second charge where appropriate.
In the above cases, funds may be used for any purpose.
For a no obligation discussion or more information on any of the above, call our enquiry team on 0800 085 1706, we'll be happy to help.
If you prefer us to call you, then contact us via email for call back at your requested time.

