finance solutions
We provide finance solutions ranging from £5,000 to multi-million-pound investments, all of which support customers, suppliers & manufacturers. Terms usually range from one to five years, but we can also consider shorter & longer terms for particular assets or finance products.
We work with companies based in the UK, Europe & further afield & are used to working on projects that involve multiple suppliers with different payment terms. We can also support the financing of internationally supplied equipment across multiple currencies.
Please talk to us if you need support creating a bespoke financing solution, including any of the following:
Hire Purchase
- This is also known as HP or Lease Purchase
- You make repayments over an agreed period, as per your finance agreement
- The equipment is yours at the end of the contract
- You pay all VAT upfront, but VAT can be claimed back straight away
- Interest costs can be claimed against your profits; capital costs can be offset against capital allowances
Finance Lease
- You use the equipment over an agreed period, as per your finance agreement
- The leasing company owns the equipment over the duration of the finance lease
- Your payments can be offset against tax
- You pay VAT on each monthly instalment. VAT can then be reclaimed quarterly
- You have three options at the end of the agreement: return the equipment, pay secondary rentals or sell the goods. We’ll help you with this!
Operating Lease
- You use the equipment over an agreed period, as per your finance agreement
- The leasing company owns the equipment over the duration of the operating lease
- Your payments can be offset against tax
- You pay VAT on each monthly instalment. VAT can then be claimed quarterly
- You have two options at the end of the agreement: return the equipment or pay secondary rentals. We’ll help you with this!
Refinance
- You get cash using the equipment that you’ve already purchased
- This is ideal if you already have lots of equipment free from finance
- A clever way to bridge a gap in your cash flow
Commercial Loan
- This is a loan to your business
- It is unsecured. However, guarantees and indemnities might be required
- Loans can be used for many things, such as working capital or office refurbishment
Invoice Discounting
- You sell your unpaid invoices to release the money into your business.
- Lenders will advance a proportion of your invoice value as a source of working capital
- You retain responsibility for the collection of your sales ledger
- Your customers are not aware that you have sold their invoice(s)
Whatever your finance solutions need, we’re here to help you.
case study
A start-up owned by a US business with a UK operation.
The problem: A new start UK subsidiary of a US company was looking to finance new equipment. The US parent company provided money as a loan to the UK operation so the company could get up and running and purchase assets. This loan was seen as a liability on the balance sheet, so the UK company’s risk profile looked very unattractive when applying for finance. Thanks to our expertise and technical know-how, we knew what questions to ask and how to approach this to get a different outcome.
Our solution: We encouraged the US company to clarify that they were not expecting the loan to be repaid soon and, following discussions, they agreed to subordinate their loans in favour of the finance facility. From this point, the loan was seen as quasi-equity and counted as a reserve/capital, resulting in an improved risk profile for the bank.
The result: We secured a £250k equipment finance facility for this new start business. Our client was pleased with this outcome and was very complimentary about our expertise and technical know-how and how sensitive we were when asking questions about company finances. We asked questions that our competitors didn’t ask, and this enabled us to provide the client with the solution they required.