Commercial equipment leasing can deliver a number of advantages to your business. Commercial equipment leasing ranges from commercial kitchen equipment leasing and commercial catering equipment leasing through to commercial refrigeration equipment leasing and everything in between. If you have some form of equipment required to run your business then it is likely to be a candidate for commercial equipment leasing.

Over the years our brokers have worked with all sorts of businesses, both large and small, so we can offer you advice as to which financing option suits your specific business requirement. We also take into account your budgetary and capital constraints when sourcing the appropriate asset finance for your situation.

Commercial equipment finance involves negotiating the warranty’s terms, the price, and the installation of the equipment. You can also lease the equipment for a fixed amount of time and then have the choice of returning the equipment or you can buy it for its residual value. Relevant factors to take into account include whether the equipment is likely to depreciate rapidly or even appreciate over the lifetime of the lease. You also need to consider the actual useful lifespan of the equipment as many items of commercial equipment can be used well beyond the lease term, whereas equipment like computers or computer controlled machinery generally become obsolete fairly quickly.

Our brokers are experienced when it comes to commercial equipment leasing so request a quote now.
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As a business owner when considering asset financing in any form, whether that be finance leases, operating leases, hire purchase, sale and leaseback, asset based lending, etc. you soon realise that there are a myriad of different financial products which may meet your needs. The problem is that you need to take the time and energy to sift through the options to determine which is the best solution for your particular business and your specific requirement.

This is where our asset finance brokers play an invaluable role as they have the experience, contacts and knowledge to quickly understand what your requirements are and what can practically be financed. It is important to appreciate that even though there are a lot of finance providers on the market their own products may actually not be appropriate to your unique needs. An asset finance broker will scan the market and use their experience to identify which financial product will best deliver what you need and, just as importantly, within your budgetary and financial constraints.

Our experienced asset finance brokers also bring another significant dimension into the equation – they understand what is financeable and at what rate. It is no use spending many hours preparing proposals which are then put to the finance provider only for them to be rejected. By the same token you do not want to find that the finance provider comes back with a proposed payment structure that is just not workable for you.

Speak to our asset finance brokers and they will make the process straightforward for you, saving you time and letting you focus on running your business rather than raising finance.
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Plant finance covers a broad range of potential items of equipment that can be financed including excavators, skips, compressors, diggers, etc, etc. The full range of construction equipment can be considered for finance including waste and recycling equipment.

In fact the list of plant that can be financed is endless as long as it meets the normal plant finance criteria, namely that the plant & machinery is identifiable, moveable and durable. The basic concept is that the cost of the plant finance is spread out over a number of years within the expected useful life of the asset which aids the overall finances of the business.

An example where plant finance was put in place was a Plant Hire company that wanted to buy a used Komatsu excavator to add to its fleet of construction equipment that it hired out to various sites around the UK. The excavator was being bought second hand from a dealer with a purchase price approaching £50,000. A machinery lease agreement was put in place with payments taking place over a four year period.

Request a quote from our brokers for your plant finance requirements.
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Financing equipment can seem like a complex undertaking as there are numerous approaches that can be adopted.  The different approaches adopted for equipment funding have different benefits and drawbacks that need to be considered.

Selecting which approach to use for equipment funding will firstly need to consider the type of asset that is being acquired as the general criteria adopted by the finance providers is that the asset must be durable, identifiable, and moveable.

The equipment loan can take three main forms; hire purchase, lease purchase or an operating lease. There are also a number of other terms relating to refinancing existing equipment loans, such as sale and leaseback.

The decision about which direction to go for the equipment funding also needs to consider the seasonality of the business and the cashflow demands of your business. It would be sensible to align the payment schedule to the revenue earning or cost saving value of the asset to the business.

Finally, when financing equipment the tax treatment of the asset financing method is also important as it can make a measurable impact on the cashflows of the business.

Talk to our brokers and determine the best solution for your business.
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If your business requires capital equipment such as machinery, plant, vehicles, equipment, or other identifiable assets then asset financing is a practical solution. Asset financing is a loan agreement from a financial provider that is secured in some way against the asset itself. The finance provider who supplies the funding facility to your business will maintain a financial interest or ‘lien’ over your asset until the loan is repaid.

The cost of the asset is broken down into a number of payments over one or more years within the expected lifespan of the asset. This assists the finances of the business as there is no major capital expenditure by the business at the time that the asset is purchased. There are different methods to finance the purchase including lease purchase and hire purchase, which are essentially the same in that the customer eventually owns the asset but with different payment profiles, and finance lease and option lease, where the lessor does not take ownership of the asset at the end of the term of the agreement.

Where asset financing takes place using the hire purchase and lease purchase approaches the funder uses the asset as the security and after full repayment has taken place then transfers ownership of the asset to the customer.

Where asset financing takes place using a finance lease the customer can continue to paying rental for the asset after the primary term has been completed and upon sale of the asset to a third party, will receive 85% to 95% of the sale amount with the balance being retained by the finance provider.

In the case of an option lease when the term of the agreement has been completed, the asset is returned to the finance provider and there is no secondary period available.

When selecting a method of asset financing the decision about which method is to be used generally takes into account the type of asset being purchased and the taxation treatment that is relevant.
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