FINANCE / REFINANCE OVERVIEW

Who do we provide finance and refinance to?

We provide a variety of leasing and hire-purchase products (including refinancing) to the following:

1. Sole Traders
2. Partnerships
3. Limited Companies

These can include:

1. Established businesses
2. Start Up businesses
3. Those with (marginally) impaired credit history
4. Those where finance cannot be met by the ‘High Street’ banking sector.

Why Finance?

The old adage that ‘cash is king’ remains as valid as ever. If your business runs out of cash the position becomes critical very quickly.

One of the reasons that this can happen is that many business owners use the cash in the business to buy equipment and other assets outright. Cash flow pressure can build as your business grows, your customers don’t pay you as quickly as they should or you would like – but you still have to pay the wages, suppliers and other overheads as they fall due.

Spreading the cost of buying your business assets or refinancing existing assets improves your cash flow and alleviates this pressure.

 The Benefits

1. You choose where you buy the equipment from and agree the price you are going to pay with the supplier.
2. We pay the supplier – the supplier delivers direct to you.
3. Improved cash flow
4. Spreads the cost of the asset over its working life
5. Simple documentation
6. Monthly payments makes budgeting easier
7. Flexible packages available – tailored to suit your business.
8. Repayments are tax efficient
9. You don’t use your bank overdraft for capital purchases and it doesn’t affect the amount that the bank will be prepared to lend you.
10. No security required
11. If you choose to refinance it releases valuable cash to help meet your business requirements.

Finance Categories:

General Business, Hardware, Sofware and Office Finance:
Office furniture – desks, chairs, cabinets
Computer hardware
Computer software
Telephone systems
Photocopiers
Printers
Car Finance

 Specialist areas:

Re-financing
You can refinance existing equipment to reduce your overdraft/ provide a cash injection to your business.

Shops/Restaurants
Tables
Chairs
Lighting
Cooking ranges
Fridges
Freezers
Cooler cabinets
Coffee makers

Leisure
Gym equipment
Treatment tables

Warehousing
Fork lifts
Shelving
Computer systems
Lighting

Manufacturing
All types of manufacturing equipment

Garages
Hydraulic lifts
Tyre Fitting equipment
Diagnostic equipment
Spray booths
Welding equipment

Laundry
Washing machines
Driers
Dry Cleaning
Steam presses

Equine
Horse boxes

Vehicles
Commercial vehicles
Refridgerated vans
Agricultural vehicles
All types of cars

Security
Roller Shutter doors
CCTV systems
Alarm systems