Products - AVM Asset Finance (Non Vehicle)
We are successful in providing Asset Finance Solutions to business's, we provide highly effective ways of financing new equipment or raising cash from existing equipment in the current market.
This is because the traditional method of raising finance through bank loans or overdrafts has become increasingly difficult as most of the banks in the UK are tightening up on their lending criteria to such an extent that many businesses are no longer able to easily access finance via these routes.
Adept's Chris Phillips is vastly experienced at sourcing asset finance for businesses. We are not tied to any specific bank or source of finance so we can explore the market to find the right solution for your specific asset finance needs. We do not rely on sourcing funding just from the major banks but also have access to a range of specialist finance providers. These specialist finance providers often focus on specific types of businesses and the equipment used within those businesses so they have a much deeper understanding of the true value of the equipment and its useful working life.
The benefits of asset finance with Adept Vehicle Management are:
- Reduce the working capital required for your business – Asset finance enables you to buy equipment without needing to lock up your resources by paying the entire purchase price upfront in cash.
- Retain existing overdraft and loan arrangements – You do not need to approach your bank to modify existing finance arrangements. In the current climate this is a real positive as banks have been known to arbitrarily reduce overdraft levels when business owners have approached them to discuss additional financing
- Easy and predictable planning/budgets – Asset finance enables you to agree a specific amount that needs to be paid on a regular timetable (such as monthly or quarterly) for the period of the finance agreement.
- Tax efficiency – Many forms of asset finance enable you to offset ongoing finance payments against taxable profits