It’s typically attractive to those who want to put their growth plans into action but don’t necessarily have the cash ready, or business owners who would rather spread large costs over an agreed longer period to reduce the amount of cash that is tied up in these purchases.
Asset finance will help you to purchase business assets, and the cost of the item will usually be spread over 3, 4 or 5 years. You’ll pay the lender every month and at the end of the agreed period you will own the asset outright.
Businesses in every sector are often surprised by the broad variety of goods that can be financed using asset finance and lease rentals are 100% deductible against profits.
Costs that are not often associated with finance, such as office equipment or shop furniture, can all be secured with asset finance. It covers a wide range of product forms, so there’s something for everyone.
Financing and cash flow are an important part of creating and developing a successful business, the embroidery industry is no exception. With extensive experience financing HappyJapan embroidery machines, Moorgate Finance Ltd can source finance for:-