Asset Finance

positive thinking in business finance

Asset Finance - Sale and HP/Leaseback for companies looking to raise
monies from existing assets.

Introduction

Our Asset Finance Division is able to finance almost all business assets, from small ticket items such as office equipment and vehicles through to large purchases including plant and machinery. We can also finance software-only transactions and offer a professional loans product, which may be used for any business purpose.

We also provide refinance, releasing the value of both unencumbered assets and those still
subject to finance, where sufficient equity exists.

Rather than depending on credit scoring we consider all applications on their merits. This approach
often allows us to structure an acceptance for transactions which other funders would decline.

• Established 1991

• National coverage

• Up to 100% finance

• Fast professional response

• From £5k to £4m

Case Study

Skip Hire and Waste Management - Davenham was approached by a management team looking to acquire
an established, profitable business, involved in skip hire and waste management. Heads of Terms had been agreed with the vendor and the management team needed £300k to enable them to complete the deal.

Davenham obtained a valuation on the plant, machinery, skips and vehicles and was able to fund 90% of the market value on a sale and hire purchase-back facility over a four year term.

Testimonial

“Davenham soon grasped what I needed and quickly produced a funding proposal that offered me a flexible solution and a competitive rate, giving me confidence to be able to negotiate some good rates for the new cars.

You could say it was a smooth journey from beginning to end with Davenham, just like PCS!.”
John Murphy, Professional Chaffeur Services (PCS).