Answering your questions
With Hire Purchase, we buy the equipment on your behalf and spread the cost of it over time, so you can manage your cashflow more effectively. With Refinancing, you can unlock the value of your existing assets, such as machinery, equipment, vehicles or other high-value items to release cash to further develop your business or improve your cashflow.
Hire Purchase is ideal for businesses that want to buy new equipment or machinery without having to buy the asset outright and want to own the item once all the instalments have been paid. Refinancing helps you to raise money that you can use for any business purpose, while spreading the cost in manageable repayments.
Hire Purchase allows you to buy the equipment or machinery you need and spread the cost, helping to improve your cashflow. Refinancing allows you to raise money that you can use for any business purpose, while spreading the cost so you can expand or reinvest in your business whilst still using the assets you already own.
When bringing you onboard we will work with you to make sure the asset finance you get is exactly what you need. This means that the length of time to have everything in place can vary depending on how complex your needs are. We work flexibly, from the point of meeting you to understand your needs. Generally, we can set up a facility in a matter of days, however this depends on the speed in which we can access the information we need.
The cost will depend on the price of the asset you wish to purchase and the monthly payment will depend on the length of the agreement. The longer the agreement the lower the monthly payments – we are flexible as regards the payment term. For Refinancing we can provide you with up to a five year funding period.
We have experience in helping businesses in a large range of sectors
Browse funding examples of our current clients
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