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Asset finance & Leasing  

There are numerous schemes and products available to meet your needs

Hire Purchase – financial product familiar to most and can be used for virtually anything from plant, equipment and computer equipment to such as aircraft and boats.

Re-Financing – you may have purchased items from past profits leaving the business short of cash flow. If you have suitable unencumbered assets these can be re-financed to inject funds into the business. This, perhaps, could be combined with such as factoring and traditional bank borrowing to fund expansion.

Leasing & Contract Hire – similar to HP except the assets do not appear in your balance sheet. There is usually the option at the end of the contract to buy (sometimes at a nominal figure, depending on the asset). In your books the payments are treat as overheads and can be charged against profits.

Block Discounting – a specialist facility suitable to fund a business which hires out or leases assets to its customers.

Fleet Services – fleet management is available where your business operates a number of vehicles.

Line of Credit – if you are a regular user of asset finance facilities (eg a coach operator or plant hire operator) you can arrange a line of credit to enable you to constantly update your fleet.

 
 
Enquiry
 
Tel: 0800 458 3320
   
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Corporate Insolvency and Liquidation advice available nationwide including Lancashire, London, Manchester, Newcastle, Nottingham Sheffield, and Yorkshire.