Machine Tool Finance is a demanding discipline. Leader CNC have the expertise to help procure the best financial product for you and your business. Our Finance Director Steve Moorcroft and his team are at your disposal to guide you to the best funding solution.
When ultimate ownership of your machinery is a requirement, hire purchase can spread the cost of ownership over the life of the asset.
An off balance sheet, highly flexible, low cost method of spreading the cost of acquiring the assets you need by having the option to return the machine to the provider.
Contract hire combines an operating lease with a maintenance contract all included in the rental giving predictable cash flow.
For many of our customers Machine Tool Leasing can provide a beneficial tax efficient capital funding option.
Regional Growth Fund Grants (RGF) were put in place to encourage investment and growth across the country, creating jobs and assisting in business expansions into new markets and new products. This is an area that Steve can assist you in applying for with either your local Enterprise Partners or National Investors.
Funding For Lending Scheme brought into practice in July 2012. Under the Lloyds Bank Funding for Lending Scheme, eligible businesses may benefit from a discount of upto 1% on their cost of borrowing. Please feel free to discuss with Steve in greater detail if so required
The Annual Investment Allowance has been set at it's highest ever permanent level. It is imperative to plan your qualifying capital expenditure now to maximise the relief available.
To further support British Companies, the Chancellor George Osborne announced in the summer 2015 budget, that instead of dropping back £25,000 as planned for businesses investing in Plant or Machinery, the Government would support British industry and from 1st January 2016 the annual investment allowance (AIA) limit would be £200,000 for the rest of the parliaments term in office. Please therefore make sure you're utilising your allowances effectively, continuing to stimulate growth in your companies, whilst benefiting from additional time-limited incentives provided by the government. To discuss in greater detail please don't hesitate to contact Steve Moorcroft.
If you or your clients are involved in any of these industries we can provide the service and care you require. Of we are not limited to just these we can help with all aspects of machine tool funding for engineering disciplines.