All types of motor vehicles can be financed in many different ways. From cars to heavy goods vehicles, taxis to coaches, if you can drive it on, or even off road, we can finance for you in one of the following ways:-

• Hire Purchase

• Lease Purchase

• Leasing

• Contract Hire (with and without maintenance)

Finance is not restricted to new vehicles. We can even refinance vehicles that you currently own whether or not they are currently under a finance agreement. The current agreement would be settled as part of the refinancing package freeing up additional funds for your business.

As an additional service, Harrison Business Finance can source your new vehicle as well as arranging the finance. The vehicle would be sourced from a UK main dealer and delivered to your home or place of business. We have many years experience in the retail motor industry and have built up a network of experienced motor finance professionals.

If you require new equipment or plant or even if you want to refinance existing assets, Harrison Business Finance can provide an appropriate funding solution for you. All types of equipment can be financed, from IT systems to agricultural machines, shop fittings to cranes. If you use it in your business then we can finance it for you.

Leasing your capital equipment will bring many benefits to your business:-

• It will free up working capital, retaining cash in the business.

• You pay for your equipment as you use it, not in advance.

• It can require a low deposit (typically 3 rentals in advance).

• Payments are usually fixed for the duration of the agreement.

• You will not have ownership of a depreciating asset.

• Maintenance contracts can often be incorporated into the agreement.

• Lease rentals are usually 100% tax allowable, however, we would recommend that you consult your tax advisor to see if this is appropriate for your business.

Equipment can also be funded by hire purchase or lease purchase (effectively hire purchase with a balloon payment at the end of the agreement). Call Harrison Business Finance to discuss the options available for your capital expenditure.

Do you offer a finance package to customers who buy your products?

Do you give them the option of paying for the goods over 2 to 5 years?

If you did, you could improve the service you offer your customers whilst retaining control of the sales process. You would not have to wait for funding to be arranged, holding up the delivery of goods and impacting on your cashflow. A bespoke ‘Sales Aid’ or ‘Vendor’ programme could enhance the profile of your business and even increase sales by offering a ‘one-stop’ solution to your customers’ needs. It even offers the benefit of higher value sales, as customers who use finance tend to purchase more expensive goods: the extra cost is usually seen as only a small increase in their monthly or quarterly payment.

A customised vendor programme is a must for all businesses selling higher value (over £3,000) goods.