Asset finance facilities to finance the purchase of any business related equipment. Leasing an asset allows you all the benefits of ownership but without the worry of the asset depreciating in value. Payments can also be set against taxable profits, making it a tax efficient way to acquire equipment for a business.
We specialise in the financing of business assets ranging from £5000 up to £100,000. The type of business assets financed are varied, but include air conditioning, catering equipment, computer hardware and software, CCTV systems, EPOS systems, office machines and furniture, and vending equipment. Sale and leaseback of recently purchased equipment will also be considered. Any genuine business asset will be considered for finance.
Save working capital
When businesses buy equipment outright, the capital invested becomes tied up in a depreciating asset, preventing them from investing in other projects. Leasing, on the other hand, allows you to save resources for other purposes, such as new business opportunities, unexpected needs, business development or marketing.
Easier budgeting
Payments are fixed for the full agreement period and are not affected by inflation or changes in interest rates. Therefore businesses can accurately plan for their finance payments in advance, helping to simplify the budgeting process.
Maintain existing credit lines
Existing credit lines arranged with a bank or other funders remain intact. As a result, businesses have the additional flexibility to still use their bank’s facilities if necessary in the future.
No deposit
A deposit need not be a pre-requisite of the finance arrangement. Businesses simply make regular payments throughout the life of the agreement.
Tax efficient
With many forms of finance agreements, payments may be offset against taxable profits, reducing the net cost overall.
Upgrade opportunities
Finance allows businesses to keep up-to-date with advancing technology and to respond to changing needs. Businesses can add to or upgrade their original installation to accommodate unforeseen changes in their requirements.
Convenience
Payments can be made by direct debit. Multiple payments can be collected on one single monthly or quarterly direct debit, saving on bank charges and administration.
Flexibility
Individual finance agreements, including contract lengths, are tailored to meet the particular needs of each business, ensuring that the payments match the company’s existing and planned budget.
Email Us With Your Enquiry at info@assetfinance.biz