TWENTY FIRST AID - Funding your costs


It does not matter if the assets in question are already financed and subject to a Lease or Hire Purchase Agreement with another finance company, since if there is sufficient equity in the equipment, the balance outstanding can be paid off and title passed to the new Lender.

Suitable assets that have proven trade values can include:
electronic, computing and communications equipment, engineering, manufacturing and industrial equipment, cars, commercial vehicles, coaches and heavy plant.

Typical Terms:

advances can be up to 80% of proven trade values, with valuations undertaken by the lender
no valuation fees
standard terms of 24 or 36 months, or other negotiated terms, no additional security, except in certain instances where guarantees may be required.

NO DEPOSIT PLAN

This unique scheme is designed to combat Millennium non-compliance and to cater for obsolescence. Much equipment can be out-dated and subject to very high depreciation within a very short period. This No Deposit Plan enables you to upgrade or replace your equipment without penalty during any stage of the agreement.

No capital outlay, thus protecting your cash-flow and existing credit lines.

All repayments are 100% tax allowable.
Fixed repayments enable you to project your cash flow and budgetary requirements more accurately.
All types of equipment are acceptable.
Ease of upgrading.

These typical schemes are designed to meet the needs of your business and to protect your cash flow by paying out of tomorrow's income. This is vital for any organisation planning for Millennium compliance.

A full range of Asset Finance products is also available for equipment costing from ú2,500 to ú1 million.

LEASING & LEASE PURCHASE

A complete range of options, with periods, deposits and repayments to suit your needs, dependent on your financial strength. 1 year to 5 year periods. 1-rental to 6-rental initial deposits

OPERATING LEASING

This facility is available to organisations that require high-value equipment over ú50,000 funded off Balance Sheet for Companies to comply with H.M. Treasury's Private Finance Initiative for Local & National Government Departments.

Our aim is to ensure that your Millennium compliance is not jeopardised by lack of available finance.

All schemes will be tailor-made to best suit your organisation.

Discussions will be totally confidential.

For more information on Leasing and Finance for Millennium compliance, please e-mail finance@mst2000.com