Close Brothers Asset Finance has more than 20 years experience in providing specialist print and packaging funding solutions. If you are looking to purchase new print equipment or upgrade current machinery, our range of finance products, including hire purchase, leasing and refinancing can be tailored to your individual business needs, with the help of our team of industry specialists.
Close Brothers Asset Finance works with SMEs in the print and packaging sectors, providing finance solutions to help them grow. We understand the issues businesses face on a daily basis.
Our speed of service enables our customers to make fast decisions, keeping their businesses moving. Flexible finance solutions are tailored to suit the needs of a business and with one to one account management there is always someone there to support you along the way.
Our hire purchase product provides the flexibility to spread the cost of an asset over a fixed period. Whether you are buying vehicles, engineering machinery, print equipment or other commercial equipment that has a resell value, hire purchase offers you fixed monthly repayments so you can manage your budget effectively over the repayment term. Plus, when the repayment term is finished, you own the asset.
If you want to maximise the use of your equipment without the responsibility of owning it, a finance lease will give you the freedom and flexibility you need.
Also referred to as a 'full-payout lease', we seek to recover the full cost of the asset, along with interest, over the primary agreement term. You will have full use of the asset for its useful life, and will be responsible for its maintenance and insurance.
For a flexible way to enjoy an asset, operating lease is a great solution. It allows you full use without the burden of ownership.
The lease period is for a fraction of the asset's useful life, which means you only pay for the difference between the original purchase price and the residual value at the end of the agreement.
At the end of the lease term, we are responsible for disposing of the asset along with recovering the residual value the agreement was based.
Sale and HP back
Sale and HP back is an innovative product that enables you to unlock the capital held in your existing assets. It is a simple yet effective way to finance a business that is aiming for expansion.
With this product we purchase the asset at an agreed value and finance it back to you over a fixed period with repayments matching the income stream generated by the asset. We can also consider assets that are already under a finance agreement.
Sale and HP back finance is available to sole traders or large scale businesses and can be used against most types of equipment.
Whether you need additional working capital or you want to restructure an existing agreement, refinancing is an option for the quick release of funds. Based on an asset's value (whether you own it outright or are currently under an existing finance agreement) our experienced asset finance specialists will work with you to get the most from the refinance facility.
For more information on how Close Brothers Asset Finance can help your business offer a range of products and services, contact 020 83099411 or visit www.closeasset.co.uk.