Vendor Finance
What is vendor finance?
Through vendor finance, a company lends money to a potential customer to purchase one of the vendor’s products, helping the buyer overcome any cash flow problems purchasing a new asset may bring by allowing them to pay for it in regular instalments.
A high proportion of the product’s value will typically be forwarded, leaving you to initially pay the deposit and the remainder over a specified period.
What are the benefits of vendor finance?
- Your business’ cash flow won’t be compromised by the need to purchase an asset in one payment.
- The fixed and regular repayments help your business’ cash flow management and budgeting.
- The working capital released can be reinvested into funding mergers and acquisitions or any MBO and MBI activity.
- Following repayment of the equipment lease, vendor finance allows you to upgrade if required.
Is vendor finance right for my business?
As the UK’s leading financial brokerage, Hilton-Baird Financial Solutions has more than 13 years’ experience in sourcing the right asset lending solutions to meet businesses’ funding requirements when purchasing new equipment.
Call us on 0800 9774833 to find out more about how vendor finance can help your business, or email us at info@hiltonbaird.co.uk.