If a lack of operating capital is at the heart of your financial trouble yet your business has considerable assets, we can quickly determine whether Asset Finance solutions could best suit your business needs.
Some of the Asset Finance options that may suit you include:
- Hire Purchase - Hire purchase can be right for any size of business that doesn’t want to deplete their cash reserves. It’s also tax-efficient; the interest is tax-deductible and you can claim capital allowances on the assets immediately.
- Operating Lease - An operating lease can suit any size of business, and particularly those who need a piece of machinery, plant or equipment for a specific length of time. No worries about future value.
- Finance Lease - A finance lease is for all sizes of businesses wanting all kinds of assets - with the option at the end of the term to retain those assets for a nominal sum, or sell them and retain most of the proceeds.
If your company is struggling with adverse cash flow yet is still a viable business, contact your local Begbies Traynor office and arrange a free consultation with member of our team who will provide you with confidential advice and talk you through finance solutions.