Having access to the right equipment and machinery in order to deliver quality products and services to customers is vital to many businesses. Yet purchasing them outright can be difficult when you have to rely on your existing cash flow. Asset finance solutions are designed specifically to spread the cost of new business purchases without tying up capital, disrupting your cash flow or opting for bank loans or overdrafts.
It applies to equipment, machinery and vehicles and can also be used to release cash that may be tied up in assets already owned, by means of refinance As a leading finance broker that specialises in asset based finance, Norwood Finance can help your business find the asset finance solution that’s perfect for your requirements.
Spread the cost over time!
Hire Purchase enables you to acquire an asset while paying for it in instalments over an agreed timescale – the term. At the end of the term, you have the option to purchase the asset outright.
It lets you spread the cost of your investment over the life of the asset, making it easier to budget. Hire Purchase is particularly suitable for acquiring vehicles, machinery, construction and commercial equipment with a resell value.
Benefits of Hire Purchase
Our expert team has a deep and specialist knowledge within which operate. You can rely on them to be a consistent and proactive point of contact, on hand throughout the life of the finance agreement and beyond, building long lasting relationships.
Hartwith Way. Harrogate,
North Yorkshire, HG32XA
01423 638 300
Norwood Finance Ltd is an Appointed Representative of AFS Compliance Ltd which is Authorised and Regulated by the Financial Conduct Authority No. 625035. Norwood Finance Ltd is an independent asset finance brokerage not a lender, as such we can introduce you to a wide range of finance providers depending on your requirements and circumstances. We are not independent financial advisors and so are unable to provide you with independent financial advice. Norwood Finance Ltd may receive payment(s) or other benefit from the finance provider if you decide to enter into an agreement with them. Asset Finance Solutions UK Ltd and AFS Compliance Ltd are subsidiaries of AFS Group Holdings Ltd, Winners of the 2019 Leasing Awards Broker of the year, of which Norwood Finance Ltd are proud to be associated with. Norwood Finance Ltd aims to provide our customers with the highest standards of service. If our service fails to meet your requirements we will endeavour to find a solution. View our complaints procedure
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