Question 1

Can I finance specialist manufacturing equipment from overseas?

Accepted Answer

Yes, we regularly arrange finance for imported machinery from Germany, Japan, and other manufacturing centres. Lenders are comfortable with equipment from established manufacturers worldwide, though documentation requirements may vary for less common brands.

Question 2

What's the difference between hire purchase and finance lease for machinery?

Accepted Answer

With hire purchase, you own the asset at the end of the term (usually for a nominal fee). With a finance lease, the finance company retains ownership, which can offer tax advantages as you claim the rental payments against profit. Your accountant can advise on the best structure for your circumstances.

Question 3

How does stock finance work for manufacturers?

Accepted Answer

Stock finance provides funding against your raw materials and finished goods inventory. Typically, you can borrow 40-60% of eligible stock value. This is often combined with invoice finance to create a borrowing base facility that grows with your business.

Question 4

Can I get finance for refurbished or reconditioned machinery?

Accepted Answer

Yes, many lenders finance quality refurbished equipment, particularly from reputable dealers. The terms may differ slightly from new equipment, but we regularly arrange competitive facilities for reconditioned CNC machines, production equipment, and other manufacturing assets.

Manufacturing Finance

Assets We Finance for Manufacturing

Finance Solutions for Manufacturing