Page 10 - Hera Business Finance - Do you require business finance

Asset Finance

(Equipment Leasing)

Hera Business Finance arrange asset finance to help free up essential working

capital. This can be used for equipment leasing, where the lender purchases the

equipment and then leases it to the customer for a fixed rate and over an agreed
term (up to 60 months). Hire Purchase leasing can also be arranged where the

lender retains ownership of the asset over an agreed term, where the asset is
then leased to the customer until the customer has repaid all payments as per the
credit agreement.

A balloon payment can be factored into such agreements to keep payments down.

Funds can be arranged for:

• Equipment fi nance • Redecoration
• Furniture replacement / refurbishment • Building work
• Tax and VAT • Practice acquisitions

Pros

• Maintains cash reserves enabling you to invest the funds elsewhere within
the business

• Can help to boost sales and improve cash fl ow
• Funding can be spread over fi ve years
• Tax relief available

• Funding is unsecured

Cons

• The amount borrowed must be repaid at an agreed date, with interest

• Failure to keep up with your monthly instalments could harm your business
and or personal credit rating
• Business loans can affect the company’s gearing ratio

To discuss your business finance requirements, call 01745 798 101
www.herabusinessfi nance.co.uk

Hera Business Finance are committed to a policy of Treating Customers Fairly and will always help clients to make the right fi nancial decisions.

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