Products

Asset Finance

Through our panel of lenders, we can offer some of the best rates in the marketplace for the usual ways to buy and lease equipment;

  • Hire Purchase
  • Lease
  • Operating Lease

We can lend from 12 to 84 months, depending on your business and the assets you’re looking to acquire. Rates will depend on the business, credit history, length of agreement and the type of asset. Speak to one of our account managers to learn more on what rates you can expect with your business.

Refinance

A useful product for companies who wish to use their own assets as a way of getting cash back into their business faster than taking a charge over their property so in essence, refinance is the “sale and leaseback” of machinery, equipment and/or vehicles owned outright by the business, meaning there is no outstanding finance on the goods. Some of our banks can lend up to 90% LTV.

Example;

A farm owns £100,000 worth of tractors. We can see they own these tractors as they have provided a proof of purchase and the original invoice. Those tractors are then “sold” to the banks for the value and in turn the tractors are now on finance for an agreed term of 3 years - they receive £90,000 into their bank account.

Unsecured Loans

Unsecured loans are exactly what they mean, they do not require security! In some circumstances our banks may require a director to sign a Director Guarantee.

We can arrange loans from £10,000 up to £250,000 from 12 to 60 months. Rates will differ for each business so speak to one of our account managers for further information.

Secured Loans

Bothwick Finance works with a number of banks and partners who offer secured loans so that you can use your property as the security. Typically this might range from £100,000 to £10,000,000.  These are longer term loans for projects such as property development or business acquisition. Speak to one of our account managers for further information on length of terms and interest rates.

CDC (Commercial Debt Consolidation)

This product is tailored for those companies that may have a wide range of assets already on finance (Lease or Hire Purchase). Through Bothwick Finance we will put all of these agreements onto one agreement and one monthly payment to reduce the monthly outgoings and help manage your assets within the business. You can add equipment you own outright onto the same agreement to release equity back into the business too should you wish to reduce your costs and raise working capital. Speak to one of our account managers for further information on length of terms and interest rates.