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Asset Leasing

If you are struggling to find the working capital to pay for important assets, such as machinery and other equipment that can cost £thousands or even £millions, then there is another alternative. You can lease the asset so that you don't have to pay upfront. This forms a rental agreement whereby the lender that finances the asset will allow you to use the asset for the term of the agreement, and you pay a regular rental payment.

Often the rental agreements will have the option to include maintenance and repair of equipment.

Another advantage is that the lease payments are tax deductable.

Asset leasing can be used for variety of things including:

 

Asset Lending

Another way of raising capital is to borrow money against assets that your company already own. This differs slightly from secured business loans, and is usually provided by specialist commercial finance companies, rather than banks.

 

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Pure Money is a trading style of Bradgate Financial Solutions Limited and is authorised and regulated by the Financial Conduct Authority under FCA number 672856. Trading Address: UN14 Armstrong House, First Avenue, Doncaster, South Yorkshire, DN9 3GA. Registered Address: 11a Leicester Road, Blaby, Leicester, LE8 4GR

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR DEBT SECURED ON IT