Our finance broker - Chris Philpott, completed an Asset Finance - Hire Purchase deal worth £55,000 for a UK leading garment house designer and manufacturer. The client had recently invested in Solar Panels for the business to save money on their energy bills!
Chris was able to use our comprehensive 125+ lending panel to be able to set up a Hire Purchase Finance deal in which the costs were spread over 60 affordable monthly payments along with the benefit of the client fully owning the equipment. This means that along with saving money on energy bills by installing Solar Panels, the client will also preserve valuable working capital by using Asset Finance with Approved!
Asset Finance can take various forms including Hire Purchase, Leasing or Refinance. Also known as Equipment Finance, this type of product (more specifically Lease Finance) also allows for offsetting costs against profits, which is an effective tax relief strategy for any business.
Are you a business that is currently leasing or renting valuable assets? With Equipment Finance (or Asset Finance) you can preserve valuable working capital by purchasing equipment, machinery or vehicles with affordable monthly repayments. Equipment Finance can take various forms including Hire Purchase, Leasing or Refinance. This type of product also allows for offsetting costs against profits, which is an effective tax relief strategy for any business.
If you would like to discuss your options, then please do not hesitate to contact Chris at 01908 429888, email Chris@approved-finance.co.uk or click on the link to download our finance guide PDF for more information: https://lnkd.in/ePHAgzn9