Asset Finance: Staying ahead of the competition
In business, there’s always an existing tension between your potential for growth and the cash available to capitalise on that potential.
If, for example, a large portion of your funds is already tied up in the business, it can be immensely frustrating to let a great opportunity pass you by. So much of success is being ready when opportunity knocks -- but the reality of business is often different.
Purchasing new specialist or manufacturing equipment, refurbishing your offices or investing in the latest IT solutions is vital for the future success of your business, but cash can often be tight and the cost can be prohibitive if you pay for it all upfront in a lump sum.
It’s here where asset finance could be a great option for you. Asset finance helps your business spread the cost of new capital investment over five years or less, retaining cash in your business and achieving a quicker return on investment.
And by using a finance provider like Wesleyan Bank, you can maintain existing banking lines. There’s also no security required and Wesleyan’s dedicated account managers will work with you to create a bespoke plan, tailored specifically to your business needs.
The applications for asset finance are really broad, too. It can fund an office refurbishment, from technology and systems upgrades to telecommunications systems, to furniture and specialist equipment. It could also provide spread payment solutions to upgrade your fleet of vehicles..
SME asset finance from Wesleyan Bank can provide funding for all kinds of asset investments, including but not limited to:
- Computer hardware
- Software including PMS (as well as installation, training and support)
- Specialist business and office equipment such as commercial ovens and refrigerators, fitness equipment, catering equipment etc.
- Plant and machinery
- Premises refurbishments
- Office relocations
- Commercial vehicles
If you’ve been holding off on much-needed capital investment, asset finance can help you get growing without damaging your bottom line. Get in touch with Wesleyan and find out how we could help support your business today and in the future
Call 0800 980 9348 or email [email protected] and mention ‘AccountingWEB’