Our Services

Benefits of Financing

Why use finance rather than pay outright?

There are benefits to financing business purchases and here are a few of them:

  • Payment is made from future income rather than from your cash reserves – so your cash flow is better managed by paying instalments.
  • The interest element of repayments or rentals can often be offset against taxable profits
  • You can ensure capital allowances are optimised.
  • Agreements are personalised to your needs, as the deposit and term of the agreement are open to discussion and the repayments can be structured to match your specific business requirements.
  • Some finance arrangements are based on net costs (ie exclusive of VAT).
  • Your own bank may not be able to help you.
  • Fixed monthly costs help budgeting processes.

It’s not always a negative to have some debt – as long as it is appropriate for the business.

So why use FUNDING ROUND rather than your bank?

Of course we would recommend you use us, but why? As an independent commercial finance broker, here’s why:

  • Strong buying power. We have strong connections and working arrangements with a number of funders and banks. We work closely with them and use that strong buying power to access the best deals for you.
  • Paperwork. There’s always lots of paperwork and regulation involved in finance arrangements – we will sort this out for you and make it as simple as possible, so you can continue to focus on your business.
  • Time. Most finance deals require a lot of dialogue with the funder – as we deal with them daily, we have direct access to the right contacts so no time is wasted getting to the key decision maker.
  • Big picture stuff. One finance deal is always part of only one part of the puzzle – we look at the whole picture, and make sure the finance options fit into your longer term business plans.
  • Local. We focus on supporting businesses in Nottinghamshire and Lincolnshire because that is where we live! We know the area; we are easily able to visit you to get paperwork signed or discuss potential options. We like to spend time with you – it makes our job easier when representing you to the banks (and frankly, face-to-face contact makes our job more fun!)
  • Long term. We are in it for the long term, so it is important to us that we have a strong reputation in this area. Therefore, we have to do a good job for you so you recommend us to your contacts!
  • We are your greatest finance ally – your strongest advocate – we represent YOU and work for YOU – not for the banks! We are your product champion!

There is a baffling array of different finance arrangements out there

We will review your requirements and provide you with options for securing the finance needed. We have strong connections with a number of market-leading funders and banks, and we use those connections to find you the best deal. Here is an overview of the key finance arrangements (but remember: this is only a selection, so it is always better to talk to us!)

Types of Finance

HIRE PURCHASE

Simple and Flexible
A simple repayment facility giving full ownership at the end of the agreement. Repayments can be fixed and structured in a flexible way – for example a final lump sum may be applied which will reduce the monthly repayment.

LEASING

Personalised and Tax Efficient
Fixed rate monthly repayments, subject to VAT, enabling the use of the asset without ownership, but allowing some rental rebate from final sale proceeds.

BUSINESS CONTRACT HIRE

Tax Effective and Manageable
Due to the tax treatment, this is the most cost-effective and efficient form of car leasing. It also gives flexibility to respond to changing market conditions with flexible lease periods plus maintenance, servicing and replacement vehicles if needed.

CAPITAL RELEASE FROM ASSETS

Effective use of current assets
Unlock the funds you have tied up in existing assets to benefit from a cash injection but still use the equipment. You may be able to release the capital tied up in these hard assets using a variety of refinance and structured finance options which we can go through with you.

INVOICE FINANCING

Fill the gap
Often invoice financing is viewed with scepticism, but times have moved on and this provision has improved tremendously. It enables companies to take finance against some or all invoices, providing increased cash flow during the period until the debtor pays. The service can include debt collection, or not – loads of options!

UNSECURED LOANS

Total Flexibility
This is a business loan against which no added security is taken and does not, therefore, have to relate to or be attached to a specific asset. The funds can be used as you need.