Tailored finance for growing businesses
Tailored finance for growing businesses
Asset Finance comes in various forms
Hire Purchase
…A simple way to spread the cost of buying an asset. You pay a deposit plus fixed monthly instalments for the agreed term. The assets become your property as soon as the final payment is made.
This can make hire purchase the solution for durable items you want to keep, such as catering equipment and heavy machinery and for crucial business items such as a tractor.
Finance Leases
…Lets you borrow equipment for a set time, but maintenance, repairs and running costs will become your responsibility. Finance leases are common with more significant assets such as complete factory plant installations. For example, if you want to set up a full production line, a finance lease could provide the scale of funding required.
Asset Refinancing
…Is best suited for businesses that have already invested in equipment and need to release some capital that is tied up in those assets. Your lender will buy the equipment from you and will lease it back to you over an agreed period where you’ll make regular payments.
Operating Lease
…Is a contract that permits the use of an asset without transferring the ownership rights of said asset. These allow businesses to avoid the high costs involved with purchasing. Generally, the lessee must maintain to operational condition, less any normal wear and tear.
“My partner and I worked with Moorgate Finance for assistance in setting up some of the finance for our new business. They were kind and very helpful, would definitely recommend.”
– Bethany Jayne
Why Moorgate?
We understand the financial pressures that arise in businesses and we provide financing solutions to help your business grow.
Sector Expertise
Moorgate is a leader in assets, mortgage broking and equipment financing. You can trust us to help support your business.
Tailored Finance
We can find the product to suit you.
Dedicated Broker
All of our brokers are certified in their fields.