Tag: Machine Finance

Plant Hire & Machinery Specialists UK

PLANT HIRE FOR ANY SITUATION FROM RICHMOND ASSET FINANCE.

At Richmond Asset Finance, we specialise in sourcing and funding plant and machinery hire for companies across the UK. Whether your company needs to hire diggers, excavators, dumpers or any other heavy-duty equipment, our expert team can help create a tailored financial package for even the most complex payment structures. 

Plant hire through a broker allows companies to focus on what they do best while still receiving the most competitive pricing on their funding.

As one of the leading independently owned Asset Finance companies in the UK based in Yorkshire, we are experienced in providing plant hire for a range of companies. We take pride in building long-term relationships with our clients and lenders to achieve the very best rates and giving the best advice to all of our clients. Get in contact with us below to find out how we can help you.

PLANT HIRE & MACHINERY FINANCING OPTIONS

Depending on your companies circumstances, we can offer a wide range of tailored financial solutions for your company. Each product has its benefits so it’s important to choose the right one for your asset financing.

Some of the financial options available include:

  • Hire Purchase (HP)
  • Finance Lease
  • Refinancing

If you’d like to receive a quote, or just have a question about asset financing, get in touch with us through the contact form below.

Farm machinery finance options through Richmond Asset Finance

Richmond Asset Finance are pleased to announce that we offer a wide range of financial payment facilities on most of our new and used tractors and farm machinery.

We offer agricultural and farm machinery finance across the UK. Richmond Asset Finance’s success is reliant on its specialist service and preserving a competitive edge in a very competitive industry. We ensure that our interest rates are monitored regularly so that they remain at the sharp end of the market.

We can provide finance for a wide variety of agricultural assets, from cultivators, tractors and combine harvesters to livestock, robotic milking machines and crop sprayers, and we’ll guide you through every part of the agriculture finance process. 

Having helped thousands of farm owners achieve business growth, we can help you with a tailored flexible agriculture finance funding solution from £10,000 to £500,000. We’ll even take the seasonality of your business into account when tailoring your payment plan.

Speak to one of our specialists today for more information.

Machinery Finance Yorkshire

Asset Finance Solutions with Richmond Asset Finance Yorkshire. 

Acquire the plant and machinery that your business needs to grow, without paying large upfront costs that can significantly dent your cash flow.

Fixed Term Hire Agreement

Fixed payments over a fixed period of time, with the option to gain ownership of the equipment at the end of the agreement.

Minimum Term Hire Agreement

Fixed payments over a minimum term, giving you the option to continue leasing the equipment after the primary term of the agreement has been reached.

Operational Lease

Lease the equipment without the hassle of ever owning it. The lender will consider its future value and take a residual risk in turn reducing the monthly payments. After the minimum term of the agreement is reached the lender will retain ownership of the equipment.

Sale & Lease Back

A quick way for your company to raise working capital against assets you already own. Transfer the ownership of your asset over to a lender, then make monthly repayments in order to keep using the equipment.

If you are interested in Machinery Finance and you are based in Yorkshire, Richmond Asset Finance are the lender for you.

Contact us today for more details.

Richmond Asset Finance can help you with the purchase of:

  • Arable Equipment and Machinery – Tractors, Tillers, Rollers, Ploughs and Harrows.
  • Soil cultivation machinery – Cultivators and Ploughs.
  • Planting machinery – Broadcast Seeder and Reapers.
  • Balers & other Baling Equipment.
  • Animal Feed – Loans to purchase feed for Cattle, Sheep, Poultry, Pigs and other Livestock.
  • Cattle Equipment – Beef and Cattle Housing and Cow Feed.
  • Loader Equipment – Trailers, Trucks, Conveyor Belts and Telehandlers.
  • Fertilising equipment and spreaders – Manure spreaders, Muck spreaders and Silage.
  • Harvesters and sorting equipment – Harvesters, Combine Harvesters.
  • Dairy machinery – Milking equipment, Dairy feed, Dairy Cattle, Housing and Sheds.
  • Grain and feed stores – Grain Sheds, Dryers, Bulk Sheds, Crop Store and Silos.

Richmond Asset Finances knowledge and understanding of the market has enabled us to help farmers with the ever changing challenges they face. This has enabled us to always offer the best deals that are around.

With all the experience we have you know you’re in safe hands. Whether that’s been for a new tractor, plough or baler or for grain dryers, silos or cow sheds Richmond Asset Finance knows exactly what farmers face and can help them with both the expected and unexpected costs.

Farm Machinery Finance by Richmond Asset Finance

Richmond Asset Finance can finance any new or used piece of agricultural machinery and equipment with no age limitation, supplied by either a specialist agricultural dealer or bought privately through a fellow farmer or auction. Manufacturers subsidised finance is periodically available through Richmond Asset Finance.

Equipment we can finance include:

  • Tractors & self propelled
  • ATV & RTV
  • Grassland machinery
  • Cultivation machinery
  • Drilling & planting machinery
  • Harvest machinery
  • Livestock handling systems
  • Robotic milking systems
  • Grading lines
  • Farm security
  • Food processing units
  • Bottling plants
  • Livestock feed systems
  • Irrigation equipment

To find out if we can help finance your farm machinery in Yorkshire contact us today!

Why should you finance your Agricultural Equipment?

Richmond Asset Finance are dedicated to all your agricultural needs, including financing your farm machinery and agricultural equipment.

At Richmond Asset Finance we are dedicated to helping you invest in the productivity and future growth of your farm through good and bad times.

We provide you with easy to understand and affordable financing solutions that can be adapted to your circumstances. So whether you are an arable or livestock farmer, whether big or small, we have the financing solution for you.

We do more than simply provide financing, we build long-term relationships through trust.

Finance Lease

Although you never gain ownership of the equipment, a finance lease is similar to hire purchase in that you make regular fixed repayments over an agreed period, fully paying the cost of the equipment. A key difference though, is that VAT is payable on each lease payment rather than paying the full VAT due on the equipment at the outset of the agreement. At the end of the primary leasing period a nominal ‘secondary lease period’ annual payment is charged for continued use of the equipment. Alternatively you can arrange for the equipment to be sold to an unrelated third party for which you will receive the full sales proceeds.

Another key difference to the hire purchase option is that whilst you cannot claim capital allowances, you may be able to offset the lease repayments against any taxable profit.

You are responsible for the maintenance and insurance of the equipment.

Key benefits of Finance Lease:

  • The certainty of fixed term finance which can be withdrawn only if you do not keep to the terms and conditions of the contract.
  • The regular nature of repayments, and fixed interest rate, makes budgeting easier.
  • A cost effective way to fund your use of the equipment by spreading rentals over a fixed term.
  • Enhanced business cash flow with the ability to spread VAT across the life of the lease agreement.
  • A straightforward form of leasing which leaves you in a position to control the used equipment value.

Yorkshire Machinery Finance for Farms

From tractors, headers or balers, if it’s part of a working farm Richmond Asset Finance can finance it! At Richmond Asset Finance we have access to an experienced panel of lenders so we can bring you only the best finance options for your farm machinery and business.

Agriculture is very diverse and we also understand that that some farmers have seasonal income, so we can tailor seasonal loan structures for certain applicants if the situation calls for it.

We also understand that a 1998 tractor might still be in good working condition, so older farm machinery can be financed from both private sellers and dealers. Simply ask us for more details.

We can offer agriculture finance loans for the following vehicles and equipment:

  • Tractors
  • Harvesters
  • Spraying Equipment
  • Spreaders
  • Seeders
  • Offset Disc
  • Balers
  • Irrigation
  • Telehandlers

Have farm equipment or machinery that’s not on the list? Call us and we’ll be happy to help: 0113 288 3277