Managing your business’ cash flow is essential to growing your operations and meeting customer demand. Acquiring a new vehicle often plays an important role in supporting your growth but if you don’t opt for the right cash-flow friendly solution, it can have a huge impact on your business capital.
Here at Moorgate, we have decades of experience in arranging finance and thrive on finding the right solution for our clients, however bespoke they may be.
Finance as agile as your business
When it comes to finding the right finance solution for our customers, we like to take a thorough and tailored approach to understanding their business profile. In the bus and coach sector, we understand that some businesses operate more over the summer period and run less units in winter. We will work with you to create a payment profile that reflects low or no payments in November and December. This solution can help to maximize your cashflow during lower turnover periods.
If you need to sell a unit privately, rather than as a trade-in, or have a cross over, due to paint or wrapping, our delayed deposit solution can provide your business with a short period of positive cashflow. This solution can also allow your asset to generate an income before any pay-out is required. It can also help you to secure more competitive rates and terms for a lower monthly rental rate.
Making the most of tax efficiencies is an important part of any businesses. With more companies claiming Annual Investment Allowance (AIA), hire purchase has become the steadfast of the industry for purchasing assets. Under hire purchase terms there is normally a requirement to pay the VAT up front. At Moorgate, we can offer an option to defer the VAT for up to 3 months, which can be a huge boost to cashflow.
Solutions that support your growth
As businesses grow and develop, their business needs can become more complex. Our invoice finance/factoring offering has helped customers to improve their cash flow by releasing equity and providing the scope to fulfil new contracts, capitalise on bill or receive debt protection. To meet O license requirements, we have seen businesses borrow the money and spread the cost with a business loan.
Our specialist team can also offer funding for a range of assets people wouldn’t necessarily think of funding. From office refits, portacabins, yard relaying, security fencing, CCTV and even software. As well as refits of existing vehicles, including repairs or new engines.
Commercial mortgages both for new purchases or as rates come up for review have become increasingly important. As rates continue to fluctuate its important to stay on top of long term commitments and look at length of term to ensure the monthly payments do not hurt your cashflow.
Partnering your business growth
With the right finance partner, you can not only save time and money, but also inject your business with ‘outside the box’ thinking to boost your cashflow. At Moorgate, we think creatively to deliver cash-flow friendly solutions, working in partnership with our customers to support their growth ambition.
