When acquiring assets for your business you should consider the alternatives to tying you capital or relying on a bank overdraft. Virtually everything from cars, vans and trucks, to office equipment, fittings and fixtures, as well as plant and machinery, IT and telecommunications equipment, should be considered for leasing rather than buying
The benefit of asset finance is :-
1. Working capital is not tied up in depreciating assets
2. Payments are fixed which means that you can budget accurately.
3. Low initial outlay and known costs may allow you to have more or higher specification equipment than if paying cash.
4. Providing installments are paid, the facility cannot be withdrawn - unlike a bank overdraft
5. It creates an additional line of credit outside normal funding arrangements.
6. Asset finance allows easier update of equipment
7. The cost of acquiring the asset can be spread to coincide with the timing of revenue generated by the business
We specialise in obtaining funding for sole traders, partnerships and limited companies. We are interested in your business and the assets you are looking to fund, not just your balance sheet. We can find solutions to problems and can find funding when your existing lender says no.
Vendor Programs
Do you potential customers worry about the cost of your products? Do they hesitate to place an order? Would the facility to offer leasing help your sales?
We can offer a full vendor-leasing program where you can offer the option of leasing of your products. You make the sale & we arrange the finance for your client. You supply the goods and receive full payment. Your client makes monthly payments to the leasing company preserving his cash reserves.