Hire Purchase
Finance Leasing
Operating Lease
Contract Hire
Personal Contract Purchase
Commercial Mortgage
Factoring/Invoice Discounting
Practice Loans
Re-Financing
Top
|
|
Finance
Facilities
At Asset and General Finance Ltd we provide complete
solutions for all areas of business from small sole traders
to multi million pound companies.
- Hire Purchase
- Finance
Lease
- Operating Lease
- Contract Hire
- P.C.P.
(Personal Contract Purchase)
- Commercial Mortgage
- Factoring
/ Invoice Discounting
- Practice Loans
- Re-financing
Hire
Purchase
Hire purchase can be a tax efficient method of purchasing
assets where you pay a fixed amount over a specific period
to cover the cost of the asset and the interest charges.
Hire purchase rates can be very competitive, with repayments
tailored to meet your precise needs.
Finance Leasing
With
a finance lease you lease your assets over an agreed period.
Once again this method can be a tax efficient method where
repayments are spread over the economic life of the asset.
Repayments can be tailored to meet your business needs for
example to
lower repayment levels a final 'balloon' payment can be introduced
that reflects the forecasted value of the asset at the end
of the agreement period. Although you will never own the
asset, when the asset is sold at the end of the period the
majority of the sales proceeds will be returned to you.
Operational
Lease
With an operating lease you will lease your assets over
an agreed period. A residual value is included in the agreement
which reduces the repayments, therefore bringing cash-flow
benefits to your business. Operating lease also allows for
'off balance sheet” funding and can introduce tax benefits.
Although you will never own the asset, an operating lease
does offer
you the benefits of ownership without many of the potential
burdens.
Contract Hire
Contract hire is a Hiring Agreement
where the asset remains the property of the Finance Company
for the term of the agreement and at the end of the period
the asset is disposed of by the Finance Company. The contract
hire period can be tailored to suit you business and many
other options can be introduced into the contract hire agreement
including maintenance. Contract hire offers fixed monthly
costs and the advantage of no or minimal initial cash outlay.
Personal
Contract Purchase
Personal Contract Purchase is a funding
agreement where title to the asset passes to the customer
when all payments and fees have been paid (including residual
payment) or if required the asset can be returned to the
Finance Company at the end of the contract. Agreements are
constructed with a deferred payment equating to the anticipated
value of the vehicle at the end of the agreement. Personal
Contract Purchase offers lower monthly repayments to fit
in with many individuals’ budgets.
Commercial Mortgage
At
Asset & General Finance we are able to provide a wide
range of innovative and competitive finance packages, secured
against the different types of commercial property.
Factoring
/ Invoice Discounting
For most companies, debtor balances
are by far the largest asset in their balance sheets. These
assets may turn into cash at a much slower rate than the
business would like, often representing two or three months’ sales.
Having more working capital will help you realise your business
potential faster. Invoice discounting and factoring services
help reduce pressure on your cash flow. Asset & General
Finance can arrange Factoring and Invoice Discounting to
be introduced into your business helping your business realise
an improved cash flow.
Practice Loans
Asset & General Finance
can secure Practice Loans that can help busy professionals
start, acquire or expand a practice.
Re-financing
In
some instances it is possible to secure re-financing against
certain assets within your business which have little or
no encumbrance but do have some current worth. This maybe
done to restructure current debt or to raise capital for
future business purposes.
For further information on any of the above services do not
hesitate in contacting us directly to discuss your individual
business requirements.
| Finance subject to status. Written
quotations available on request. |
|
|
