Shrink Wrapping supplies have teamed up with Portman Asset Finance to offer you this facility, whether you're a new business, or an establish business looking to enhance your cashflow, we have the solution to fit.
Portman Asset Finance was established in 2007 providing finance to both established and start-up businesses all over the UK. It is a privately owned business providing in excess of £50 million of equipment and vehicle finance per annum.
Based at Portman’s head office in Northampton, its senior management team have over 40 years’ experience in the industry. They employ expert Account Managers with detailed sector and asset knowledge, supported by an efficient administration function, to complete a dynamic and successful organisation.
The business operates as both an asset finance brokerage and own-book lender. Its own-book portfolio offers additional financing solutions for greater flexibility and superior acceptance levels. Throughout its history, Portman has developed strong operational relationships with equipment suppliers, enhancing the service they in turn deliver to their customers.
WHY CHOOSE PORTMAN ASSET FINANCE?
• Rates from 3%.
• Flexibility on asset type. Portman can finance any vehicle or equipment for business use including: fixtures and fittings, software and lighting.
• Support for the whole of the UK including Northern Ireland.
• Industry leading acceptance rates.
• Same day decisions.
• Highly efficient administrative processes. Portman representatives witness finance paperwork being signed in person to eliminate document error.
• Seasonal/tailored payment plans.
• Finance available over periods as long as 10 years.
• Deferred initial payments available.
• Support for new start businesses.
BELOW IS A TABLE SHOWING TYPICAL EXAMPLES OF MONTHLY PAYMENTS OVER A 24 MONTH PERIOD. WE ALSO OFFER LONGER TERMS:
All payments are 100% tax deductible. Your payment will not be affected by any fluctuations in base rates. All figures shown are subject to VAT at the relevant rate.
Should you have any questions regarding the figures, please do not hesitate to call 0161 366 5552.
|Typical Cost of Machine||Frequency||Payments Starting From||Weekly Equivalent|
|1000||Monthly||£ 48.95||£ 11.30|
|2000||Monthly||£ 97.90||£ 22.59|
|3000||Monthly||£ 146.85||£ 33.89|
|4000||Monthly||£ 195.80||£ 45.18|
|5000||Monthly||£ 244.75||£ 56.48|
|6000||Monthly||£ 293.70||£ 67.78|
|7000||Monthly||£ 342.65||£ 79.07|
|8000||Monthly||£ 391.60||£ 90.37|
|9000||Monthly||£ 440.55||£ 101.67|
|10000||Monthly||£ 489.50||£ 112.96|
|11000||Monthly||£ 538.45||£ 124.26|
|12000||Monthly||£ 587.40||£ 135.55|
|13000||Monthly||£ 636.35||£ 146.85|
|14000||Monthly||£ 685.30||£ 158.15|
|15000||Monthly||£ 734.25||£ 169.44|
|16000||Monthly||£ 783.20||£ 180.74|
|17000||Monthly||£ 832.15||£ 192.03|
|18000||Monthly||£ 881.10||£ 203.33|
|19000||Monthly||£ 930.05||£ 214.63|
|20000||Monthly||£ 979.00||£ 225.92|
|21000||Monthly||£ 1,027.95||£ 237.22|
|22000||Monthly||£ 1,076.90||£ 248.52|
|23000||Monthly||£ 1,125.85||£ 259.81|
|24000||Monthly||£ 1,174.80||£ 271.11|
|25000||Monthly||£ 1,223.75||£ 282.40|
*The provision of the information contained in this table does not constitute a formal offer on behalf of Portman Asset Finance Limited nor on behalf of any other member of The Portman Group of Companies and Shrink Wrapping Supplies Ltd. It is merely an indication of terms to form the basis of negotiation between us and these terms may be withdrawn in whole or in part without notice and without any reason being given. We nor any employees hold responsibility for the accuracy of any tax or interest rate calculations. Please consult your accountant or financial advisor for verification on potential tax relief relating to your specific acquisition & situation. Any form of agreement referred to is also indicative and does not commit us to agreeing to contact with you on that form of agreement.
FREQUENTLY ASKED QUESTIONS:
Q.Why use asset finance?
A. Finance payments are 100% tax deductible. Asset finance is the most tax efficient way of acquiring new equipment.
Q. I thought finance was just for people who can’t afford to buy?
A. On the contrary, asset finance is designed for profitable businesses to reduce tax liabilities.
Q. What is the minimum and maximum amounts I can borrow?
A. The minimum is £1,000 + VAT.
Q. There is no maximum.
A. Portman’s maximum lend will depend on customer credit status.
Q. In what countries do you provide finance?
A. The whole of the United Kingdom including Northern Ireland.
Q. Over how many years is finance available?
A. Any period between 1 - 10 years.
Q. What can be financed?
A. Any vehicle or equipment for business use including fixtures and fittings, software and lighting.
Q. What is your credit criteria?
A. Portman can assist both new start and established businesses.
Q. Can I include delivery and installation costs in my finance?
Q.Will I have to put down a deposit?
A. No. Portman can arrange finance with no deposit.
Q. Do you offer seasonal payment terms?
Q. Do you finance 100% software packages?