Specialists in Business Asset Finance
With exceptional customer service, dedicated and highly experienced commercial managers together with our extensive industry knowledge, we offer a wide range of competitive asset finance solutions, tailored specifically to our clients individual requirements. We work with a large panel of diverse lenders and finance all asset types and deal sizes for clients from small owner operator to large limited companies and plc's.
A UK-Wide Provider of Asset Finance & Leasing
To find out how Moffat Finance can support you contact
Why Asset Finance?
If you are looking to buy or replace business assets but want to protect your working capital then Moffat Finance could help!
We have a range of finance products available allowing you to make regular payments over an agreed term to suit your specific requirements. ​
ASSETS WE FINANCE
TRANSPORT
Truck & Trailer, Car, Van, Bus & Coach
PLANT & CONSTRUCTION
Crane, Tippers & Yellow Plant
RETAIL
Store Fit Outs, EPOS Systems
& Catering Equipment
MACHINERY
Manufacturing, Materials Handling
MEDIA
Audio, Visual, Media & Lighting Equipment
MARINE & AVIATION
Leisure & Commercial Boats, Helicopters,
Aeroplanes & Executive Jets
AGRICULTURAL
All Farming Equipment,
Horse Boxes & Ride on Mowers
TECHNOLOGY
I.T Equipment
OTHER
Renewable Energy, Health Care
SERVICES
ASSET FINANCE
In addition to our own funds, we have established partner relationships with over 30 lenders from traditional High Street Banks, Specialist Lenders and other discreet Global Financial Institutions who prefer to work with geographical representatives.
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Whether you are a Sole Trader, Partnership, Limited Company, PLC or Charity, Moffat Finance can access virtually the whole asset finance market for you to source the most competitive and attractive funding solutions. From Treasury-based SWAP rates for large capital expenditure assets, through to funding New-Start business ventures, CVA's and almost any commercial asset finance transaction.
Our one stop approach allows you to concentrate on the day job without having to spend hours searching the market, contacting different finance providers, and completing multiple applications.
CREDIT FACILITY MANAGEMENT
Having a range of credit lines already in place allows you to purchase business critical assets as and when required. By getting to know your business well, we work on your behalf to showcase your company and negotiate attractive facilities that fit your business model. ​
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We use our vast credit writing experience to manage all credit applications professionally and on time, ensuring all required information and paperwork is up to date and accurate.
In addition, we use our market awareness to connect you with new lenders and innovative products that will benefit your business as they enter the market place.
END OF LEASE SOLUTIONS
We act as an independent third party to facilitate the transfer of title on assets that have been originally funded on Finance Lease, Operating Lease or Hire agreements.
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The benefits of undertaking this procedure on assets that have entered into peppercorn secondary rentals, ensure companies can make significant monetary savings.
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On operating lease, our clients assets can be bought via a sales agency to remove themselves from the costly scenario of being accountable to pay return condition charges.
CONSULTANCY
With many years of senior level experience within large financial organisations and having placed multi-million pounds of assets on finance, our highly experienced commercial team can save you important business time by not having to meet with numerous finance companies who each have their own asset finance criteria. We can tailor your specific needs to only those lenders who are a fit for your business.
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This can be in the finance and disposal of assets, negotiating documentation clauses on finance agreements, auditing your existing leases to ensure none of them are secondary rentals, have expensive balloon payments or recharges that you were not expecting and managing the full optimisation of your credit lines.
We can support you with all finance requirements, from Asset Finance to Business Loans, Invoice Finance to Property Finance, we can help you find the right solution to enable your business to meet its objectives.
Finance Products
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HIRE PURCHASEAllows straightforward financing and asset ownership. You benefit from spreading the cost of the asset over an agreed term, followed by a one-off purchse option fee, which transfers ownership to you at the end of the term. You can claim writing down capital allowances thus reducing your tax bill and can offset the interest element of monthly finance payments against your taxable profits.
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FINANCE LEASEA flexible alternative, on balance sheet finance product where the asset is owned by the finance company and leased to you through regular payments over an agreed term. And there are a number of options available at the end of the lease. VAT is spread over the life of the agreement (not paid up front). Monthly rental interest can be offset against taxable profits.
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OPERATING LEASEA fixed payment, off balance sheet option for businesses who don't want to own the asset. Residual values can be taken by either the manufacturer, supplier or a financial instituation which can significantly reduce the cost of monthly rentals (which are paid for a shorter period than the economic life of the asset in exchange for the use of the asset). There are a number of options available at the end of the lease. Rentals can be offset against your taxable profits.
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CONTRACT HIREAn alternative to buying your vehicles / fleet outright with no ownership issues. The asset is leased for a set period of time rentals are paid based on a pre-agreed mileage. It can also include maintenance providing hassle free motoring. Up to 100% of VAT can be reclaimed provided there is no element of personal use and up to 100% of rentals can be offset against taxable profits. At the end of the contract, the vehice is simply returned to the finance company alleviating disposal hassles.
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REFINANCE & EQUITY RELEASEA simple way of raising cash against your unencumbered assets (free from finance), providing money back into the business to improve cash flow and business stability. The injection of working capital can fund expansion of the business or to fund management buy ins/outs.
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FACTORING & INVOICE FINANCEAn effective solution to managing cash-flow and maintain a steady stream of working capital through your business. Up to 90% of the value of your outstanding customer invoices can be released by the finance instituation (usually within 24hrs) so that you don't have to wait up to 90 days for payment. This is a revolving facility which means you don't have to make capital repayments therefore maximising your available cash flow and enables you to grow your working capital in line with sales.
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COMMERCIAL MORTAGESFor clients who wish to purchase or re-finance their business premises. Loan amounts are typically £250,000-£5M plus, per transaction and usually over a 10-20 year loan term.
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BRIDGING FINANCETypically a short-term funding solution (1-24 months) provided by a lender on an interest only basis, secured on property or land. There are many applications for utilising a bridging facility. For example, if you need to purchase a new commercial property before you have sold your existing one, or to raise cash quickly to meet a creditor payment such as HMRC tax liability.
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IMPORT & EXPORT FINANCEIf your business is involved with buying or selling goods overseas, there are several advantages for both importers and exporters in having a specialist funder to manage and finance the transaction. Import Finance can fund up to 100% of overseas purchaes, ease pressure on cash flow and help to close the gap between an order from a UK customer placed on credit terms, and the payment demanded by your overseas supplier.
CONTACT US
ADDRESS:
Moffat Finance Ltd
Chadwick House, Birchwood Park
Warrington
United Kingdom
WA3 6AE
