"We needed to acquire more vehicles and equipment to grow the business but didn’t want to use up our precious reserves of working capital. Ultimate Asset Finance bought them on our behalf and we make fixed monthly payments under a Hire Purchase agreement – it’s easy to manage and we haven’t overstretched ourselves."
WHAT IS ASSET FINANCE?
It’s a simple and efficient way of buying the equipment, vehicles or plant and machinery you need whilst conserving your working capital.
We purchase the asset on your behalf then you make fixed monthly payments over 1-5 years under a Hire Purchase or Leasing agreement. At the end of the agreement you have the option to purchase the asset for a nominal amount.
We also offer a Refinance Facility, which can be a very effective way to release capital tied up in your existing equipment.
how it works...
We Buy the asset
You get the use of the equipment, plant, machinery or vehicle which we’ve purchased on your behalf.
YOU SPREAD THE PAYMENTS
You pay us a fixed monthly amount over 1-5 years under a Hire Purchase or Leasing arrangement.
KEEP YOUR OPTIONS OPEN
At the end of the agreement you have the option to purchase the asset for a nominal amount.
- Access the assets you need whilst conserving your working capital
- Regular fixed payments make budgeting easy
- Quick and easy to arrange with very straightforward fees and terms
- Refinance Facility enables you to release capital tied up in your existing equipment