ABOUT START-UP FINANCE
“The Way to get started is to Quit talking and begin doing”
Many businesses will go to their Bank to obtain finance for their new business and this will be one of your key relationships. But stop for a minute. Your business will need a lot of key equipment in the early years of growth.
This could be IT and software, office equipment, vehicles and machinery. Cash in the formative years of a business is truly critical and whilst you are growing the business it is critical to manage that cashflow. So make sure you use leasing to acquire all the key assets your business needs and spread the cots over 3 to 5 years. This matches the returns your business will get from the investment in those assets and avoid a cashflow crisis in the early years.
Many companies will go to shareholders or equity holders to raise money to then invest in equipment and infrastructure that the business needs to grow. But again stop for a minute. Giving equity away is very expensive. In effect you are giving part of what may become a very valuable business in the long term to simply finance mission critical assets that could have been financed via a third party who does not want a percentage of your business!
What we offer
- Lease finance for new starts and early-stage companies.
- Cover all assets including IT/Software, Office Equipment, Machinery, Office Fit-outs, vehicles, and working capital loans
The Result?
Well, we believe in the formative years of a business leasing finance can prove critical to the success of a new venture. The early years are when the business is getting established and both need to invest and have more erratic cashflows until well established.
Q&As
Common questions
Why use a finance broker?
In a nutshell, we can survey the whole market and get the best solution from a host of providers, and taking all the work out of trying to find the right funding solution.
What is the benefit over using my bank?
Your bank is your companies core working capital line. It might be required for a rainy day, covering payroll when a debtor is late paying so don’t tie up all your credit with the bank on your equipment finance when this can be sourced through a third party leaving your bank facilities free for emergencies or smoothing the general working capital of the business.
Are the agreements fixed monthly payments?
Yes, all the finance we offer is fixed rate ensuring the business can budget.
What do people mean when they say Leasing is Assured?
In simple terms, a bank can call in the overdraft and, loans on demand even if you have been making the payments on time. But leasing once agreed is set and can never be called in if the payments are being met giving the business peace of mind.
We have paid cash for the equipment and wished we had financed. Can we still finance this?
Yes, this is known as Sale and Leaseback. For equipment up to 12 months old we can finance the full balance. For older equipment, a valuation can be sort and a lend against the current value can be looked at.
How, long does it take to arrange the finance?
If the equipment is available for immediate delivery, we can look to sort the finance out in 48 hours.
CASE STUDIES
Explore our related projects
Frame manufacturer based in Cardiff
Our client is the leading Karting track operator in England, requested that we assist with the opening of their London site to service clients in the center of London.
Distributor of Work Clothing in Warwickshire
We have worked with this group since their formation, providing all their I.T. infrastructure and software to get the business operational
Manufacturer of Leather Goods in Somerset
A dealership with a £100m turnover based in the UK, promotes a range of manufacturers brands. The company operate from multiple sites and we have worked with the group over the last 10 years.
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Work with us!
We can help you resolve difficulties and find ways to accomplish your projects.