Refinancing
Refinancing assets can have several benefits for businesses, such as.
- Reducing monthly payments and interest rates, which can improve cash flow and profitability.
- Extending the repayment period, which can lower the debt burden and increase flexibility.
- Accessing more funds, which can be used for working capital, expansion, or other purposes.
We have refinanced assets for business that were either owned outright or which had already been financed
Hire Purchase
Some of the benefits of hire purchase finance for businesses are:
- It can improve cash flow and working capital by spreading the cost of the asset over time.
- The asset appears on the balance sheet from Day 1
- It can provide fixed and predictable monthly payments.
- It can allow businesses to claim ownership of the asset at the end of the term.
The most popular method of procurement for our customers managing their fleets
Finance Leasing
A finance lease can offer several benefits for businesses, such as:
- Access to assets, without paying the full cost upfront.
- Cash flow management, spreading the cost of the asset over the lease term.
- A finance lease can also provide tax benefits, as the lease payments are usually deductible as an operating expense.
- Flexibility and convenience to choose the asset, the lease term, the payment frequency, and the end-of-lease options.
- The lessor is responsible for the title.
VAT which doesn't have to be paid up front
Balloon Finance
Balloon finance can offer several benefits to businesses, such as:
- Lower monthly payments, as the borrower only pays the interest and a small portion of the principal during the loan term.
- Balloon finance can give the borrower more flexibility and convenience in managing their finances.
- Choose the loan term and the balloon payment amount to suit needs and budget.
- Refinance the balloon payment or trade in the asset for a new one at the end of the loan term.
Strong residual values on many balloon products
VAT Deferrals
A VAT-only deposit can offer several benefits for businesses who need to finance their purchases, such as:
- Zero initial outlay if you use the VAT as a deposit and defer the VAT!
- Improved cash flow management, as the business can align its repayments with its income cycle.
- Payment of the VAT portion of the sale can be deferred until the end of the quarter to match your tax and revenue profile.
A more convenient way to pay your bills
Seasonal Payments
Seasonal Payment Profiles include:
- When the lender allows the borrower to choose the repayment frequency and amount, depending on their anticipated cash flow situation.
- Deferred payments: The lender postpones the start of the loan repayment until the borrower reaches a point in time when the business plan anticipates a certain level of revenue or profit.
- The lender provides the borrower with a revolving line of credit that they can access as needed, up to a certain limit.
Match the burden of debt repayment to revenues and more
Trade Finance
The financing of international trade transactions, such as:
- The export of goods and services
- The import of raw materials and equipment
- The provision of credit to facilitate trade
Trade finance helps to reduce the risks and costs associated with border trade, such as currency fluctuations, political instability, non-payment and transport delays.
Operating Lease
An operating lease is a type of lease in which the lessee only pays for the use of the asset and does not acquire any ownership rights or benefits over the asset.
- Avoids the risk of asset depreciation and obsolescence
- More flexibility and lower upfront costs, as the lease term is usually shorter than the useful life of the asset and the lease payments are lower than the purchase price.
- Improves financial ratios and tax efficiency, as the lease payments are treated as operating expenses rather than debt obligations
An operating lease can be sold with or without a maintenance contract alongside