Sale & HP / Lease Back
If a business has recently purchased an asset in full, there may be an option to sell the asset back to a lender who then agrees to fund that asset for the business by way of a hire purchase or finance lease This facility provides an instant injection of cash and allows the business to spread the total cost of the asset over an agreed repayment term. A Sale and HP/ Lease Back transaction normally has to be documented within 3 months of the original asset purchase.
agreement.
Commercial Loan
These are unsecured loans, provided for the funding of business costs that provide no asset security. Examples of such costs include:
Computer software, refurbishment costs, fixtures & fittings,
professional indemnity insurance, DX subscription funding,
professional taxation, insurance premium funding
Invoice Discounting & Factoring
Invoice discounting is a facility where a business receives early payments against their sales invoices and a collections service to chase payments from debtors.
Factoring is similar to invoice discounting but the business retains
responsibility for the collection of payments from it's debtors.
Independent finance and leasing specialists
P O Box 3185, Sheffield, South Yorkshire, S35 7WZ
Mobile: 07717-858888 Tel: 01142-830805 Fax: 01142-830844
Co. Reg. No: 5655963