FLEXIBLE FUNDING SOLUTIONS

Dealer Finance

Enables dealers to purchase Plant and Machinery, either in the UK or overseas, against firm orders for eventual sale.

Case Study

A machinery dealer, aware of a sought after item available overseas, negotiated to buy it but had most of his cash tied up in other deals. His bank was prepared to lend him the money, but they needed collateral security which he did not have. His usual HP provider would only finance the asset once it had arrived in the UK, and required a substantial deposit. Leasing for Business was able to provide another option. We funded the deal (by Letter of Credit) paying 100% of the purchase cost and the VAT charge. The machine was shipped to the UK and eventually sold.

Refinancing Equipment

Sale and HP/Leaseback for companies looking to raise monies from existing assets.

Case Studies

Leasing for Business was approached to provide working capital for the company's new orders. Using our refinance facility secured against the plant and machinery of the business, the deal was proposed, accepted, valued and drawn down within 10 days.

Plant and Machinery Finance

Hire Purchase and lease deals to assist with the purchase of new/used plant and machinery

Case Study

An energy recycling company was buying two new generators to be used in their recycling plant. The generators would help turn natural fuel (wood) into electricity. Leasing for Business agreed a hire purchase facility secured against the generators over a five year repayment period.

Professional Finance

Loans to professionals from 1-5 years for £5k to £100k for any business purpose.

Case Study

A firm of solicitors needed to fund a partner buy in but were unable to finance the transaction through traditional routes. They approached Leasing for Business with a request for £25k. Following various checks we were able to provide the firm with the loan and the money was transferred directly into their account on the same day.

Secured over Advance

HP and Lease deals where further security is taken to bolster the proposed advance and facilitate the transaction.

Case Study

Leasing for Business was approached to provide a funding solution for a client needing to arrange finance in excess of their asset value. The deal was agreed with Leasing for Business taking extra security from property owned by the company's directors.

Small Ticket Leasing

Available for low value assets, e.g. IT, Software, Office Furniture etc.

Case Study

A recruitment company in Manchester wanted to refurbish their offices, Leasing for Business was approached to provide a lease facility to aid the pruchase of new office furniture and a new telephone system. A deal for the equipment was agreed the same day.