Affordable Finance Solution
Buying equipments from company’s funds simply means locking your working capital. Sometimes you are also not able to buy costly machinery or equipment for your business. In steps Asset Finance to help you expand your business infrastructure and ensure smooth running of your business.
Gaining popularity as an affordable finance solution, Asset Finance helps you have access to any equipment that is important for your business needs and that too without requiring you to invest from your company’s funds. EPOS Systems, Refrigeration, light and heavy commercial vehicles, plant machinery, office equipment or even shop refits can be financed, (Subject to Status). With your working capital remaining unaffected, Asset Finance enables you to focus on your core business areas.
Asset Finance assists you to release valuable cash from you equipment by selling it to the finance company and then leasing it back. This means avoiding costly breaks in trading and freeing up another part of your companies balance sheet.
Be it a Sole Traders or PLC, Asset Finance saves Entrepreneurs from investing a large amount of capital when it can easily be avoided.
Asset finance helps you in several ways including the following:
Working capital
Purchasing business equipment outright involves a large lump sum capital investment, which could easily be invested in other critical resources. Asset finance offers you the benefits of smaller and fixed periodic payments so that you can release the important cash and use it in the most appropriate manner. Asset finance enables you meet unexpected business requirement with ease. With more readily available working capital, you can timely respond to sudden unexpected opportunities.
Budget
As Asset finance require you to make fixed periodic payments for a fixed period time, you need not worry about fluctuating interest rates and inflation. This helps you to plan your future budgeting effectively. Asset Finance also enables you to efficiently maintain other existing credit lines arranged with other banks or financial institution.
Flexibility
Asset finance can be customized to suit individual needs. A careful attention is given to your specific requirements. This gives you a number of options to choose from and helps you to meet your future targets. Deposits are also quite flexible and you are just required to make regular payments. Asset finance offers you the flexibility to choose repayment option as well.
Tax benefits
Under the terms of Asset finance you can offset your lease payments against taxable profits and it eventually brings the overall cost down.
With a number of low cost finance packages available, a number of entrepreneurs are taking the Asset Finance route to strengthen their business infrastructure. |