Asset finance simply refers to the financial method of obtaining an asset. Through the use of asset finance, your business obtains an asset by borrowing against it. At Axis Leasing, we take the time to go through financial calculations with you so that you can weigh up our proposal against your business requirements. With our thorough approach, you can confidently make an informed decision on whether or not asset finance is suitable for your business. When carrying out asset finance, various assets can be offered as collateral such as cash, equipment, or perhaps a building as collateral in some cases. With asset finance, the financial terms are evaluated based on the value of the assets you are using as collateral. Depending on the agreement, the borrower can take full ownership of the asset they are financing, return it to the lender or take out a lease on a newer model.
If you are in the market for a new piece of equipment, you have a few options. You could buy it outright, which can be expensive, or use Axis Leasing for asset finance and then consider equipment leasing. When you start to consider asset finance and equipment leasing, you begin to discover numerous benefits such as:
Hopefully, this explains how equipment leasing offers you that financial flexibility for your business. If you have any questions about equipment leasing and asset finance, please don’t hesitate to contact us at Axis Leasing.
If hire purchase is a brand-new concept to you; hire purchase is a method to buy equipment (usually for business use). You pay off the equipment every month with an interest rate and then you own the equipment in full when you reach the point where you have completed your financial agreement. When using hire purchase to obtain equipment, this can benefit your businesses in many ways, such as:
There are other benefits with hire purchase but those above are the main ones that provide financial flexibility for your business. A lot of successful business owners use hire purchase finance to avoid a large upfront payment for equipment, so they can spend their hard-earned cash on other key areas of their business. If you have any questions on understanding hire purchase and asset finance, feel free to contact us at Axis Leasing.
Leasing has been around for a very long time and is a sensible way to acquire new assets. By spreading the cost of an invoice over a term ranging from 1 to 5 years, you are also spreading the VAT, reducing your tax bill, and protecting your cash flow.
Getting the right type of finance is essential for your business to grow. We offer a range of flexible solutions to meet differing needs and will go the extra mile to ensure a smooth underwriting and administration process.
Virtually any asset used in the operation of your business, from ICT to vehicles. The list in the link is not exclusive. If you require funding for other equipment please don’t hesitate to call us and we will be happy to look into this for you.
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Axis Lease Management Ltd
Unit 29
Cross Hands Business Park
Cross Hands
Carmarthenshire
Wales
SA14 6RE
01269 844442
Registered in England & Wales.
Co Reg No. 03524845
Axis Leasing is a trading style of Axis Lease Management Ltd
Axis Leasing has been providing asset finance for over 20 years and is one of the most experienced independent finance brokers in the UK.
Axis Lease Management Ltd is a credit broker authorised and regulated by the Financial Conduct Authority. Registered No: 730927
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