Why Asset Finance?Cash flow for your business / Structured Finance
Asset finance
helps to preserve your bottom line and cash flow by using somebody else’s money to secure the vital assets you need to keep your company moving forward. Additionally, it allows you to spread the cost of acquiring plant, machinery and vehicles over its useful working life.
Hire Purchase and Leasing are the essence of Asset Finance and are the mechanisms for helping you spread the cost of expensive assets, whilst also having some tax benefits for your business.
An excellent budgeting tool
Hire Purchase and Leasing agreements can usually be tailored to suit the individual requirements of a business. With finance taken to fund specific assets you benefit from knowing the cost for that asset over a period of time allowing you to have a known overhead against which you can price your contracts.
Security provided by the asset
A crucial difference between asset finance and a straightforward loan is that the equipment / vehicle itself serves as security for the lender. In many cases this dispenses with the need for other security.
A smarter use of working capital
By using Hire Purchase or Leasing to acquire business assets you are preserving your working capital which can then be used to pay for the most important things that add value to your business.
Additional lines of credit
Asset Finance is transactional by nature – terms are agreed for the funding of specified assets and agreements are entered into independently of your everyday banking and loan arrangements. In the current climate alternative lines of credit for Asset Finance are an extremely useful commodity.
SAS has access to a panel of UK and European funders and our aim is to find the most competitive deal that is right for your business. In addition to enjoying attractive finance terms with another financial institution, you will not be solely reliant on your main bankers for funding any capital expenditure requirements, i e you will no longer ‘have all your eggs in one basket’.
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Finance
We provide a wide range of asset finance products and whether you are investing in cars or commercial vehicles, machinery or IT equipment, large production lines or a single item of factory plant, we will help you to buy effectively and structure a finance deal that works for your business.
Capital Raising By refinancing you can release cash tied up in your existing assets to improve both cash flow and the level of working capital in your business.
Vendor FinanceSAS has a proven track record of working with equipment suppliers to provide attractive funding options for their customers.
If you are a supplier of machinery assets we can offer finance terms that can be structured to suit your customer’s budgeting requirements and promote the sale of your equipment.