We work closely with companies to find them the most suitable financial package to suit their unique requirements.
With many years of experience, we have the knowledge and expertise required to provide you with the highest-quality service. Additionally, our team are FCA-authorised and NACFB-affiliated for your peace of mind.
For more information about our asset finance services in Stockton on Tees and the surrounding areas, contact our team on 01423 522 571 today.
Asset Finance Services
Various asset finance packages are available for companies in Stockton on Tees and the surrounding areas, including Hire Purchase (HP) and Leasing. These options are flexible and can be tailored to your situation, which is essential as all businesses have different requirements, so they need a bespoke solution.
Some of the asset finance services we offer in Stockton on Tees and the surrounding areas include:
- Hire Purchase
- Leasing Agreements
- Asset Based Lending
- Asset Refinance
- Bridging Finance
- Business Loans
- Commercial Mortgages
- Invoice Discounting
- NPIF Loan
Hire Purchase is an ideal option for companies who are looking for a flexible way to acquire assets and grow their business. The service can be tailored to suit your budget. Additionally, you pay all the VAT and the deposit upfront and then take sole ownership at the end of the agreement.
As an alternative to Hire Purchase, Leasing agreements are an ideal asset finance option for companies. One of these agreements is the Finance Lease, which offers the benefits of sole ownership, but the lender remains the legal owner of the asset.
There is no deposit required with a Finance Lease, so budgeting for the costs is easy. Additionally, your monthly payment can include maintenance for machinery. At the end of the agreement, you will have to option to sell the asset to a 3rd party, from which you will receive the total proceeds of the sale.
The other type of agreement is an Operating Lease. This option offers a cheaper monthly rent with the VAT spread over an agreed period.
About Stockton on Tees & the Local Area
Stockton on Tees is a large market town in County Durham on the bank of the River Tees. The town was initially built up around the manor house and then castle owned by the bishops of Durham.
The town and surrounding areas have incredible places to explore and visit, including Ropner Park and Wynyard Woodland Park. Additionally, locals and visitors can experience performances at the Forum Theatre and dine in one of the many restaurants available in Stockton on Tees.