FINANCE

Working capital is the most precious commodity for any business, particularly those which are growing. It is vital that working capital is preserved to finance growth and not used up to fund the acquisition of capital equipment.

By financing equipment on appropriate finance plans, repayments can be structured to meet the cashflow of the business, normally without provision of supporting security.

 

 

 

 

        

        ABBEY CONTRACTS can provide the following products:

LEASE PURCHASE

periodic rentals to match cashflow

ownership of the asset once all rentals have been paid

interest allowable taxable profits

writing down allowances available to the hirer to defer liabilities

FINANCE LEASE

all the benefits of use without ownership

normally fixed rate and thereafter no risk of rental increase if money costs rise

VAT on rentals recoverable for VAT registered businesses

rentals offset against taxable profits

substantial rebate of sale proceeds on disposal

OPERATING LEASE

reduced rentals by third party taking residual value risk in asset

off balance sheet transaction thereby improving balance sheet structure

VAT on rentals recoverable for VAT registered business

rentals offset against taxable profits as per Finance Lease

asset returned at the end of finance term with no risk of negative equity to end user

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rentals can be structured monthly, quarterly, bi-annually or seasonally depending

on the nature of your business and the asset being financed.

 

In addition to lease and lease purchase facilities, ABBEY CONTRACTS has expertise in

arranging commercial loans.

The following product are available:

 

 

 

 

COMMERCIAL MORTGAGES

To purchase or refinance commercial property.

Secured by charge on freehold or long leasehold premises.

Loan to value normally the lower of 70% of purchase price/Estimated Realisation Price

or 85% of Estimated Restricted Realisation Price.

Maximum period twenty five years.

Variable rate for the duration of the loan or fixed/capped rates for part of the loan term

 

 

 

 

 

 

 

 

SECURED LOANS for PROFESSIONALS

For the acquisition of premises, share in an established business or retiring partner’s share.

Also available for capital expenditure, replacement of personal capital or to create a pension fund.

Terms as per Commercial Mortgages and also available by way of first or second charges over residential property.

 

ABBEY CONTRACTS  Abbey House  Twitchell Lane  Aston Clinton  Aylesbury  HP22 5JJ