Machinery finance for SME businesses.
With customers throughout the United Kingdom mainland, TeleLease offers a competitive & convenient alternative to your business bank for machinery finance.
We provide a fast and professional service and have helped many SME businesses when their own bank is unable to lend.
There’s no need for formal meetings – the finance for your machinery can usually be arranged by phone and email.
Competitive Interest Rates
Our machinery finance rates are competitive and the rate we offer you will depend upon a number of factors including:
- The credit profile of your business
- The age and type of machine you want to finance
- How much you want to borrow
- Which finance option you choose
We don’t charge for quotations so it’s free to find out what we can do for you.
We help businesses in England, Scotland & Wales and have a full range of tax efficient machinery finance products including:
- Hire Purchase – Fixed Rate
- Hire Purchase Variable Rate
- Finance Lease
- Operating Lease
- Sale and Leaseback
- Sale and HP back
Machinery finance is used extensively by SME businesses to improve cash-flow, allowing them to pay for machinery with the income it generates.
Our schemes are tax efficient too and well suited to companies in a variety of sectors including:
- Manufacturing & Production
- Precision Engineering, Metalworking, Forming
- Plastics & Injection Moulding
- Food & Drink Processing
Types of Machinery
From CNC machines to construction plant and warehouse equipment, we finance all types of new and used machinery including:
- Machining Centres, CNC Machines, Lathes, Routers
- Band Saws, Turret Punches, Pressbrakes, Extractors
- Boring Machines, Lacquering Machines, Grinders & Guillotines
- Milling Machines, Panbrakes, Plate and Steel rollers
- Punches, Presses, Roll forming machines
- Palletisers, Lift Trucks, Racking, LGVs
- Diggers, Excavators, Dumpers, Tractors
Finance for New Businesses
If you are starting a new business then we can still provide finance for your machinery.
You will need a good business plan and some experience of your chosen trade or profession.
There will of course be no trading history so the credit decision will be based primarily on your personal credit rating and this will need to be good.
Personal guarantees will be required and you will need to be a home owner with equity in a UK mainland property.
If you meet these criteria then please get in touch – we would be pleased to help.
Sale and Leaseback of Used Machinery
We specialise in the Sale and Leaseback & Sale and Hire Purchase back of used machinery and can refinance items that are owned outright or where the existing finance is coming to an end.
This can be useful if your business needs to raise cash for:
- Expansion & Growth Plans
- Competitor Acquisition
- Management Buyouts
- General liquidity & Cash-raising
Machinery Hire Purchase
Hire purchase is a simple yet tax efficient finance solution that enables you to own the machine at the end of the agreement.
The Hire purchase agreement we provide qualifies for the Annual Investment Allowance so the capital cost of the used machine you buy can be off-set against tax in this financial year.
Machinery leasing provides significant cash-flow advantages and most items of machinery can be financed with the minimum cash outlay.
Machinery can be leased over periods of between two and seven years, with options to enter into a secondary lease or in some cases gain title to the goods at the end of the term.
Machinery leasing is both VAT and corporation tax efficient and provides a perfect solution for SME businesses that need to acquire machinery without capital expenditure.
Who chooses the supplier
In most cases you find the machinery or equipment you want to buy and we simply provide the finance to pay the supplier.
Arranging Machinery Finance
It couldn’t be easier.
Contact us first so we can give you an indicative quotation and advise you on the size of loan your business is likely to get.
You can then go to the market and find the machinery you need and negotiate the price.
We will help you through the credit application process and ensure that your business case is presented in the best light.
We can act quickly and in most circumstances you could have your new or used machinery installed and paid for within a week.
Get a Quote Today
The process is easy and you will have your Equipment Leasing quotation in no time at all.
Either phone us today on 03300 580 151 or complete the call back request and we will call you.