Most of our clients are familiar with the wide variety of finance products available in the market, however here are the most common ones that Advance Finance provide.
Operating Lease, very popular way of funding transportation and high value assets, with cash flow and balance sheet benefits, options at the end include return equipment, extend, either on a long or short term basis or sell with the potential of upside profit. Hire Purchase, very much the classic instalment credit easy to administer, competitive, it can often be structured to match your requirements with various deposit options available and sometimes with balloon payments. Finance Lease, low cost asset finance, generally with minimum outlay, the allowances are claimed by the Lender which are reflected in lower rentals to you. Contract Hire, principally used for commercial vehicles and cars, an operating lease with maintenance, extras such as replacement tyres and Road fund licence can be added on.
Sale and Leaseback the refinancing of equipment you have already purchased to raise cash for other capital projects.
Invoice Discounting, a modern replacement for overdraft providing almost instant cash flow from your debtor book and/or invoices.
By no means an exhaustive list, we also arrange Loans and Chattels Mortgages, Commercial Mortgages, assist with Business Purchases as well as providing End of Lease Services such as Extensions. Collectively all of these options can have benefits for your business, we are always available to discuss with you these and their often subtle yet important hybrids such as the Long Funding Lease.
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