Asset Finance
Tees Valley Finance can provide your business with a wide range of asset finance:
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Virtually anything with a value can be financed rather than bought outright by your business.
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You decide what asset your company needs, new or used
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You find your preferred supplier and agree a price for the asset and a delivery date.
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You then contact us and we will arrange the finance which best suits your business.
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Finance can be either traditional hire purchase or lease purchase
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In some cases finance can be arranged with no deposit or a deferred deposit scheme. This means your business can use the assets from day one but pay for them as the assets works for you.
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Terms can vary from 1-7 years
Asset financing saves your business from having to commit your capital reserves to buy assets which will depreciate. This improves your cash flow and allows you to invest your capital in more productive areas. Some examples of assets that can be financed include:
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Plant and equipment
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IT equipment
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Office furniture
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Office soft furnishings including carpets and blinds
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Manufacturing equipment Machine tools Printing machinery
If your company has bought assets in the past and needs to raise money we can arrange the sale and lease back of these assets. Under sale and leaseback your business will agree a price with a finance company for the assets. You will then invoice the finance company for the cost of the assets and they will forward the cash to you. You are then free to continue using the assets either by using a finance lease or lease purchase agreement. Advances range from £10,000 upwards with repayment terms from 12 months to 7 years.