Asset finance has its place in the Banking world for funding normally where other security is un-available, such as bricks and mortar, and funding maybe in the short term until other security becomes available to allow a refinance package arrangement.
For those looking for commercial finance on commercial property
Paying cash for an asset can be a significant drain on your working capital. Leasing the asset, however, gives you the ability to access the asset without paying for it all at once. All forms of leasing are literally rental agreements giving you (the lessee) the right to use an asset owned by the lessor (finance company) for a specific period of time in return for regular payments (rental payments). You can lease almost anything, from equipment valued at a few thousand pounds to assets worth millions. Leasing contracts are flexible and can be tailored to meet your needs.
When leasing, consider its effects on accounting, reporting, tax, and your cash flow. This section will give you a general overview. It does not replace professional advice. You may wish to consult your accounting and tax advisors before finalising a lease transaction to reap the maximum benefit and avoid complications.
We can help you finance a wide range of business assets, such as IT computing equipment, machinery or vehicles, with deals tailored to fit your business requirements, whether you are considering asset finance for the first time or are a regular user
All businesses need regular capital investment to replace or update valuable equipment. Flexible asset finance can help your business by:
Enabling you to conserve your capital whilst giving you immediate access to the equipment
Helping you to manage your budget more effectively with fixed monthly payments
Allowing you to use your capital to finance additional working capital
We have many years of experience in assisting with flexible finance to customers based across the UK in many sectors, including: