{"id":6324990,"date":"2020-10-09T13:56:23","date_gmt":"2020-10-09T13:56:23","guid":{"rendered":"http:\/\/beta.project-progress.net\/projects\/bespoke\/?page_id=6324990"},"modified":"2021-07-01T12:31:32","modified_gmt":"2021-07-01T12:31:32","slug":"asset-finance","status":"publish","type":"page","link":"https:\/\/beta.project-progress.net\/projects\/bespoke\/asset-finance","title":{"rendered":"Asset Finance"},"content":{"rendered":"[vc_row el_class=”decoration-top”][vc_column css=”.vc_custom_1601043676477{margin-bottom: 00px !important;padding-top: 0px !important;}”][vc_empty_space height=”120px” el_class=”norebro-phone-space”][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” el_class=”service-section-blk”][vc_column width=”2\/3″ el_class=”service-content”][vc_row_inner][vc_column_inner width=”1\/2″]
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\n\t\tAsset Finance\t<\/h2>\n\n\t\n\t\t\n<\/div>[vc_column_text]Asset finance allows your business to purchase the equipment it needs and pay for it over a time period to suit you rather than paying upfront. This financing method makes the initial investment more affordable which will have a much lesser impact on your cash flow and it will enable you to drive forward and grow your business.<\/p>\n

There are many different types of asset finance and two of the most widely used are\u00a0hire purchase\u00a0and\u00a0leasing.\u00a0All of these options enable you to spread the cost of your investment by breaking it down into manageable monthly payments. The exact terms of your agreement are largely dependent on which financing option you choose and how much you are looking to borrow.<\/p>\n

We know that whatever your business, in order to grow and succeed, you are likely to need to invest in assets along the way. Whether it is the purchase of machinery, a vehicle, or new computer systems\/software, it all comes with a significant cost which can hamper cash flow and perhaps your ability to fulfill orders, if cash is not immediately available when required.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/2″]

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\n\t\tWhy Asset Finance?\t<\/h2>\n\n\t\n\t\t\n<\/div>[vc_column_text]Asset finance is a great way of purchasing capital assets for your business. The assets themselves form the security for the lender. It is quick to arrange and enables your business to acquire assets with the cost spread over the anticipated lifespan of the items. It is easy to budget for the regular repayments and to protect your cash flow.<\/p>\n

Once an agreement has been reached and the purchase has been made, you will start to make monthly payments to your lender until you have paid off the full cost of the asset plus interest and any fees. Your lender takes the asset as security whilst the finance agreement is in place.<\/p>\n

Asset finance is suitable for businesses who find themselves in the position of needing new equipment to grow, start out, or replace their existing assets.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”75px” el_class=”norebro-phone-space”]

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Security<\/h4>\n\t\t
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You will be able to negotiate fixed payments with your lender which can help you plan your business budgets to manage liabilities and grow as required. Your lender will also take the asset as security so there will generally be no charge over your home providing you with peace of mind.<\/p>\n\t\t<\/div>\n\t<\/div>\n\n<\/div>

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The ability to obtain the latest equipment<\/h4>\n\t\t
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Asset finance allows you to purchase goods which you may not otherwise be able to afford. Having the latest equipment can promote sales or allow you to keep pace with technology. All this can make your business more efficient, reliable, and productive by meeting delivery dates, achieving better margins, and becoming more competitive.<\/p>\n\t\t<\/div>\n\t<\/div>\n\n<\/div>

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Time<\/h4>\n\t\t
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You will be able to pay off your finance agreement over a number of months or years within the anticipated lifespan of the asset. It is quick and simple to set up your facility so you can focus on running your business.<\/span><\/p>\n\t\t<\/div>\n\t<\/div>\n\n<\/div>\t\n<\/div>[\/vc_column][vc_column width=”1\/3″ el_class=”fixed-right-img”][vc_empty_space height=”54px” el_class=”norebro-phone-space”][vc_single_image image=”6325198″ img_size=”full”][\/vc_column][vc_column][vc_empty_space height=”75px” el_class=”norebro-phone-space”]

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\n\t\t\tGet in touch\t\t<\/p>\n\t\n\t\n\t

\n\t\tSee How Asset Finance Can Help\t<\/h3>\n\n\t\n\t\t\n<\/div>[vc_empty_space height=”15px” el_class=”norebro-phone-space”]
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